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Insurance Fraud in Times of Crisis - Insurance-Canada.ca

By Simon Staadegaard, FRISS – May 20, 2020 – The coronavirus pandemic is causing fear and uncertainty on a global scale, and many believe it will lead to an economic recession.As with any major catastrophe, fraudsters are looking for ways to cash in.Insurers must be prepared for the inevitable increase in fraud that occurs during times of crisis.

Detecting fraud is not an easy task, and it helps to consider the three elements required to commit fraud.

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Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Health Insurance USA.
Publisher: Insurance Canada
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