News Claim Process Fraudulent insurance claim costs consumers in Hawaii tens of millions of dollars each year. By it's nature, the amount lost to insurance fraud can never be quantified to the dollar, particularly as so much of it goes undetected. It can only be estimated. If the amount of insurance claims fraud and the amount of vehicle theft occurring in Hawaii were a corporation, it would rank in the top five companies here. At AIG Hawaii, the primary goal of our claims staff promptly pay all legitimate claims and at the same time be alert to suspicious claims.
Every fraudulent claim has the potential to drive up rates for our policyholders.
The SIU works closely with law enforcement officials and policyholders to educate, develop deterrence strategies, investigate suspected fraud and bring perpetrators to justice. A witness's account could help prove fraud. Get names, addresses, phone numbers and license plate numbers of those involved in an accident. Make notes on who said what. This information could help prosecute an insurance fraud artist.