One of many biggest challenges insurance coverage firms face is the ferreting out of insurance coverage fraud. Wherever there’s a probability that somebody can receives a commission for submitting a fraudulent declare, there are additionally silly people who find themselves prepared to offer it a attempt.Listed below are some current examples. The names have been omitted to guard the silly:1. Fireplace, Brimstone and the evil Church Music DirectorKANSAS CITY,KANSAS: A church music director hatched an elaborate plan to torch the church the place he labored.”Mr. Music” of Kansas Metropolis, Missouri, deliberate to persuade the pastor to make an insurance coverage declare, accumulate the cash after which assist him inflate restore payments and embezzle cash from Church Mutual Insurance coverage Firm.White truly set the fires contained in the church on Halloween, 2008. The church, Missionary Baptist Church, acquired over $110,000 for the fireplace repairs. White is serving a 20-40 yr sentence.2. Conniving Contractor Bribes an AdjusterSEATTLE,WA: Federal prosecutors filed fraud costs towards a catastrophe contractor, alleging insurance coverage fraud of over $three.2 million.Appears he bribed an adjuster to submit wildly inflated estimates for damages that the contractor collected from Mutual of Enumclaw Insurance coverage.When challenged on costs, the builder created second estimates from nonexistent contractors and submitted them as “proof.”The path has not but been accomplished.three. With pals like this….GARNER, NC: A North Carolina girl was charged with larceny, breaking and coming into, submitting a false report and insurance coverage fraud. She stole jewellery price over $14,000 from the house of a buddy whose home she was watching. She additionally submitted a false declare to Assurant Insurance coverage for electronics that she was paid for. Lastly, she was discovered to have collected on a hearth set at her dwelling, which paid her over $9,000 for damages.She awaits trial.Insurance coverage fraud is critical enterprise, since claims paid on fraudulent claims price ALL of us larger premiums. It is no totally different than shoplifting at a retailer. Shops merely add the price of their “shrinkage” to the price of the products you and I pay for.Report any suspected insurance coverage fraud to the police. And know that more often than not, criminals get caught.