insurance

Insurance fraud - whether committed by sophisticated criminals, otherwise honest consumers, or by insurance company employees and owners - is an increasingly expensive burden on the U.S. economy, taking money out of the pockets of all citizens. This illegal activity diverts vital resources away from businesses, law enforcement, the civil justice system, regulatory agencies and local emergency services. There are no easy solutions to the problems of insurance fraud. Consumers, legislators, regulators and insurers …showed first 75 words of 1148 total…

…showed last 75 words of 1148 total…employers of an estimate $30-$50 million in inflated or unnecessary medical expenses. Dr. James W. Eisenberg, Michael J. Lightman and 10 others, including four attorneys, allegedly used a statewide network of illegal medical referrals, treatment incentive programs and billing practices to collect as much as $2 million a month from insurance companies in the workers' compensation system. Forty-seven people, including 21 lawyers and 16 insurance company adjusters, were indicted in New York for allegedly defrauding companies by bribing claims