Inflated Workers' Compensation claims. In most insurance fraud schemes, the first step in the process is to notify the local police since most insurance carriers require a police report be filed regarding accidents, auto thefts, injuries, or homeowner's losses. It is an indisputable fact that insurance crime negatively impacts all of us who must pay higher insurance rates. It also impacts insurance corporations that must price their products higher to accommodate the costs of fighting insurance fraud. We must all take part in combating insurance fraud because it will require a cooperative effort to be successful.
Many insurance carriers have fraud hotlines that allow callers to furnish information anonymously.
For further information regarding insurance fraud refer to the Massachusetts Insurance Fraud Bureau or the NICB .