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Insurance Fraud

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Insurance fraud is one of the most costly white-collar crimes in America, ranking second only to tax evasion. Private property and casualty insurers lose $100 billion every year to insurance criminals. Increased incidences of insurance fraud has prompted 43 states to create fraud bureaus. Vision Security & Investigations works cooperatively with law enforcement in gathering information that can lead to uncovering fraud and bringing new cases to prosecution.

 

Insurance Fraud

Surveillance is the foremost tool in uncovering fraudulent workers' compensation and liability claims. VSI operatives use state-of-the-art audio/visual equipment and methods to document behavior that could be contradictory of an injury claim.

VSI investigators perform both stationary and mobile surveillance to discreetly document the claimant’s daily activities and physical abilities.

We provide you with time reports and frequent updates to assist you in making informed decisions that could save your company thousands of dollars and discourage other fraudulent claims as well.

 

  • Workers' compensation fraud costs the insurance industry approximately $5 billion, and cost the American people $20 billion annually. – National Insurance Crime Bureau (NICB)
  • 10% of US workers think it's ok to claim an injury that occurred at home as work-related injury in order to collect workers' compensation benefits. -- Insurance Research Council (IRC)
  • 17% of US workers think it's ok to exaggerate workers' compensation claims to get money from insurers. -- IRC
  • 35% of people hurt in auto accidents exaggerate their injuries, adding $13-$18 billion to the nation's annual insurance bill. -- Rand Institute for Civil Justice
  • Insurance fraud adds $200 annually to premiums for the average household. -- NICB 

Vision Security & Investigations * 2710 Jefferson Street, Suite One * Austell, GA 30168 * Phone: (770) 944-9766 * Fax: (770) 944-2301

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