Identifying Work Comp Insurance Fraud
It is a well known fact that fraudulent work comp claims can cause premiums to skyrocket.
Lack of funding, low priority and manpower restraints deter the District Attorney's office from prosecuting many
fraudulent work comp cases in existence today. At ISU Curry, we have adopted a workable solution to this problem.
By assisting the employer to take a proactive approach, we have found that fraudulent claims can be decreased or
eliminated altogether.
Here's how:
Insurance Fraud Investigation
There is no substitute for a thorough, good faith investigation. ISU Curry maintains an in-house Fraud Department
to gather surveillance videos of employees working elsewhere or in compromising positions.
Our labor attorney scrutinizes the evidence gathered for substance and files a civil lawsuit. A civil lawsuit strikes
at the source of the claim - the fraudulent employee. This results in the claim being closed with substantially
reduced reserves.
This sends a clear message to all of your employees that fraudulent claims are not tolerated in your company,
that they will be met with legal action, and acts as a further deterrent to others who might consider filing a
fraudulent claim.
Our fraud procedure has been successful - we have prevailed in each case filed, resulting in the eradication of
fraudulent claims in the workplace.
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