Did you know that the annual cost of insurance fraud in the United States is an estimated minimum of 80 billion! In fact, fraud accounts for 10% of the property / casualty insurance industry’s annual incurred losses and loss adjustment expenses. Additionally, the FBI says that healthcare fraud is an estimated 3% to 10% of total healthcare expenditure in the U.S.
In the following infographic, learn more about how bad and widespread insurance fraud really is. If you suspect insurance fraud and are in need of a professional insurance fraud investigator, be sure to contact us.
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