Your Louisiana preferred provider of Investigative Services
3867 Plaza Tower Drive, 1st Floor
Baton Rouge, LA 70816
OFFICIAL STATE WARNING: Any person who knowingly presents a false or fraudulent claim for payment of a loss or benefit or knowingly presents false information in an application for insurance is guilty of a crime and may be subject to fines and confinement in prison.
According to the Fair Isaac Corporation, insurance firms typically discharge at least 10% of their claims costs on insurance fraud claims annually.
In a 2012 survey by the Property Casualty Insurers Association of America and FICO, 45% of 143 US insurers indicated that fraud accounts for 5 and 10% of their claims costs. Additionally, US insurance fraud statistics also reflect that for nearly one-third of insurance companies fraud costs were up to 20%.