Your Maryland preferred provider of Investigative Services
1519 York Road
Lutherville, Maryland 21093
OFFICIAL STATE WARNING: Any person who knowingly and willfully presents a false or fraudulent claim for payment of a loss or benefit or who knowingly and willfully presents false information in an application for insurance is guilty of a crime and may be subject to fines and confinement in prison.
The Fair Isaac Corporation reports that 61% of insurance companies directly relate an increase in fraud with an increasingly compromised economy.
In a 2012 FICO survey, insurance agencies considered an increase in costs associated with insurance fraud highly impactful to personal property, workers’ compensation and auto insurance. Sixty-seven percent of insurance firms anticipate an increase in personal property fraud, 65% anticipate the number of workers’ compensation frauds will increase, and 60% predict an increase in personal auto schemes.