Insurance Companies and Insurance Fraud

The basic concept of insurance fraud is when a person uses intentional deceptive strategy in order to receive benefits they are not entitled. Clever schemes that have been used to scam insurance companies would eat up more than one 8X10 computer page and include: home burglary about stolen items, medical services that were not provided, collecting workers' compensation while still employed or working at another job. Yes folks, insurance fraud is "big business" to the tune of about $100 billion (that's a B) on an annual basis - Ouch!

Insurance Fraud: Don't Be Fooled

Insurance fraud in its most basic form is the act of knowingly lying for financial benefit. This means lying to gain monetarily when the money was not entitled to you. The insurance fraud can be a result of several different types of claims made to the insurance company, but they are all an attempt to try and gain financially by lying to the insurance company. In addition to repayment of the money and interest, there are also severe penalties put on the person trying to commit this crime.

3 Ways to Protect Yourself from Becoming a Victim of Insurance Fraud

Studies have shown that insurance fraud is on the rise. More and more people are becoming the victims of insurance fraud. My advice, don't let this happen to you. There are ways to protect yourself. Here are at least 3 ways you can protect yourself.

Workers’ Compensation Laws

There is a full range of workers' compensation laws that could impact the way that many people tend to deal with these issues over time. They also tend to vary on a state by state basis, which could introduce a significant challenge for people out on the market. It may be helpful for people to identify some of the unique resources that they have when they want to cope with these problems. Most of these laws will inevitably help people understand more about what recourse they could have if they have been wronged in some kind of way.

Been in an Accident? Protect Your Rights with a Personal Injury Lawyer

When a customer buys a product there is always a possibility that the product might have to be recalled due to a problem with the product. An Oklahoma personal injury attorney will handle your case especially if you have been hurt by the product that has been recalled. If your property has been damaged by the recalled product, then your personal injury attorney will help you to sort everything out. Your personal injury attorney will also help you to receive compensation for any damage to yourself or your property.

How to Deal with Wrongful Death Claims?

When someone ends up dying due to the actions of another person or an organization, such as the manufacturer of a car, those who survive may be able to claim wrongful death. The claim of wrongful death is usually brought up by relatives of the deceased and generally seeks compensation over lost wages, funeral costs, and even the loss of companionship with the help of an attorney, such as Johnson and Biscone.

The Role of Employers and Workers Regarding State Minimum Wage Laws

Worker's compensation laws are often the subject of intense debate. Many people will want to understand more about these laws and how they might actually affect them over the years. There is a federal minimum wage that is broadly applied to all of the states in the union. These laws were last updated in 2009 and enforced shortly thereafter. Most people will be watching to see how these laws tend to be affected over the years as well. Currently the minimum wage is $7.25 an hour, but there are some important caveats that many people will need to consider.