Insurance Fraud: US Initiatives Available to Purchase

The petty level insurance fraud, apparently committed by ordinary members of the community, is costing insurance companies millions of pounds a year. Those losses are passed on to the consumer. So it is everyone's loss. This problem appears to be prevalent in all Western countries However, it is in the USA where they appear to have both learnt and lost the most. As the problems in the UK are appearing to reach the scale of those which have already been encountered in the USA, law enforcement agencies and the insurance companies can ill afford to ignore the lessons learnt by the Americans. This paper describes the types of insurance frauds and those measures being undertaken to counter them in the USA. In so doing, the author has created a typology of those counter measures being undertaken.