Entries from Consumer Insurance Blog tagged with 'fraud'
Beware of health insurance scams
Shopping for health insurance coverage now that health reform has passed? Buyer beware of health insurance scams. That's the message from the National Association of Insurance Commissioners (NAIC), which is alerting consumers that scammers and shady operators have been surfacing...
Beware the "free" lunch
It's nice to have a gourmet meal prepared by a celebrity chef - but $70,000 is a little too much to pay for that privilege. That's the amount of money that one elderly couple lost in an unscrupulous investment scheme....
ID theft spikes in bad economy - take steps to protect your credit while holiday shopping
As you embark on holiday shopping and merrymaking, make sure that you take extra steps to protect your personal information and your credit. We've noted before, scammers have a tendency to proliferate in a bad economy. The Insurance Information Institute...
Scammers thrive in bad economy, recessions
When times are tough, rest assured there are always scam artists around to try to make things worse. The Federal Trade Commission recently announced that it is launching a major sweep to target fraudsters and scammers who proliferate in economic...
Don't be a victim: be alert for insurance fraud and scams
Especially in this tough economy, The National Association of Insurance Commissioners (NAIC) is warning consumers to keep their guard up to avoid becoming victims of insurance fraud. When it comes to insurance pricing, it's best to adhere to the old...
Credit Card and ATM Skimming - a Growing Threat
Most people know the basic safety precautions to take when using an ATM, such as looking for safe, well lit locations and being careful to cover the keyboard when entering a PIN - but far fewer people are aware of...
Study: Identity fraud is on the upswing, but per incident rate is dropping
The bad news is that the number of identity fraud victims in 2008 increased 22%, encompassing 9.9 million U.S. adults. The good news is that because consumers and businesses are detecting and resolving fraud more quickly, consumer costs dropped from...
Insurance fraud hall of shame
Doctors and dentists do it. Judges do it. Even little old ladies do it. Welcome to the 2008 Insurance Fraud Hall of Shame, a dirty dozen of "America’s most brazen, vicious or plain klutzy insurance crooks." Insurance fraud is a...
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