Serving O'Brien & Clay Counties
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According to the Coalition Against Insurance Fraud (CAIF), insurance fraud costs consumers an estimated $308.6 billion annually in the United States, translating into roughly $900 per consumer due to increased premiums caused by fraudulent claims. Insurance fraud is any act of deception or misrepresentation made to an insurance company with the intent of receiving benefits or payouts that one is not entitled to. This includes individuals and organizations making false claims, as well as those...