You are being robbed, and you don't even know it. It's called insurance
fraud. Studies show that more than 10 percent of property/casualty
insurance claims are fraudulent. Here are some facts. Insurance fraud:
- is the number-two white-collar crime in the nation behind tax
evasion.
- costs consumers and their insurance companies $30 billion a
year.
- costs each American household $200-$300 annually.
Insurance Fraud Facts
You Can Help
Fraud is a difficult-to-fight crime. That's why it is so
important that citizens report information pertaining to insurance
fraud crimes. The purpose of NW Insurance Council's Insurance
Fraud Award Program is to increase public awareness about the
crime and elicit the participation of citizens in helping investigators
solve insurance fraud crimes.
Since 1996, Puget Sound Special Investigators (PSSI) has sponsored
a toll-free hotline for Northwest residents to report information
about suspected fraud activity. Perhaps you witnessed or heard something
suspicious. You might have discovered a clue that could help investigators.
If so, call (800) 835-6422.
You don't have to be certain your information is important. You
don't even have to leave your name. Simply call the Fraud Hotline
24 hours a day, and your information will be given promptly to the
appropriate authorities. You could make the difference between a
crime going unsolved and putting an person committing fraud behind
bars.
The NW Insurance Council Fraud Awards Program
Through PSSI, NW Insurance Council offers a $5,000 fund from which
cash awards are made to citizens who provide information that helps
authorities arrest or convict persons committing fraud. Fraud award
nominations can be made by any police chief, state police superintendent,
sheriff, or prosecuting attorney on behalf of an investigator who
receives vital information from a private citizen. (To be considered
for an award, information must concern fraud in the Northwest.)
PSSI Goals
PSSI and NW Insurance Council seek to reduce loss by increasing
fraud awareness and teaching the public how to fight fraud and other
insurance crimes.
PSSI Programs
PSSI has implemented several programs:
- Grants that help local agencies obtain investigation equipment
or training
- Comprehensive research funded through Foundation supporters
- Statewide educational seminars for public officials and private
industry
- Media campaigns that teach how to reduce fraud
- A toll-free statewide Fraud Hotline (800-835-6422)
yielding information that can lead to arrests and convictions.
PSSI relies solely on contributions for its programs and strives
to maintain broad-based support from private and professional agencies.
Other Resources
Coalition Against Insurance
Fraud
National Insurance Crime Bureau
Puget Sound Special Investigators
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