Do Insurers Get Their Money’s Worth from Fighting Fraud?
The simple answer is “yes” and “no.” The more difficult question to answer is how to quantify the savings, if any. A report from the Insurance Services Office (ISO) commented: 1. Insurers consider fraud a serious problem but their companies’ Anti-fraud efforts are only moderately effective; 2. Sixty-eight percent say their companies’ anti-fraud programs address […]
