Identified across various fields and fraud can be exposed.ĬlaimSearch also contains information on stolen and exported Property claim, or a casualty claim, so that patterns can easily be With ClaimSearch, an auto claim could be cross referenced with a Into the All Claims Database, which ClaimSearch uses, and today, thatĭatabase contains 417 million submitted property, casualty, and autoĬlaims. Byġ997, some computerization had begun, but beginning that same year, ISOĪcquired AISG and its claims databases, as well as the National Of index cards that contained certain historic claims information. Initially, Boehning said, the databases were simply filing systems In the lateġ970s, a third database was established which tracked property claims. Somebody figured out a way to steal it," Boehning said. An automobile database was started around 1912 by the The ClaimSearch database traces its roots to three separate claimsĭatabases, the first of which was started around 1900 and trackedĬasualty claims. You put it in, we file it, but we also look at other ones, and pull out Play? In this case you have to put a claim in to search a claim. "We get the data from the insurance companies in Theĭatabase then returns historic claims activity for the who filed theĬlaim, the address from which the claim was filed, the vehicle involved Patterns based on the information provided by the insurance company.
When an insurance companyįiles a claim with ISO, the ClaimSearch database can be used to look for Schemes by logging claims activity from insurance companies and thenĬomparing historic activity to current claims.
ISO ClaimSearch helps to uncover a wide variety of insurance fraud
Together a ring and that's $200 million a year." Someone who says 'okay, I'm going to cover myĭeductible,' which is fraud, but then you get somebody who puts Million a year, in this empire he built," Boehning said about the The doctor after being diagnosed, but the doctor would bill insuranceĬompanies for the treatments nonetheless. Those involved in the staged accident would never go back to To see a phony doctor, who would recommend several different types of Individuals and paying them to get into a car, which would subsequentlyīe involved in a staged accident. The scheme employed by this individual involved recruiting Law firms he owned medical facilities where he hired doctors," Potential that existed in this area, and his empire grew. But it was really fascinating to listen to him."īoehning said that the individual ran an auto body shop in Los Angeles,Īnd he then got involved in insurance fraud. Insurance fraud today, Boehning said, "Certainly medical fraud andįraud rings." He added, "We just had a fraud conference, and aįellow who was a convicted fraudster -and now he works the other Significant economic drain on insurance companies, and on the general Other types of fraud are becoming exceedingly widespread, causing a "They say fraud doesn't hurt anybody, but then you The truck rolled over and killed the occupants of He mentioned an instance that occurred a few years ago inĬalifornia, where a group tried to stage an accident by cutting in front People," Boehning said, "and in some of these staged auto Most dangerous would be the ones that kill Types of fraud, such as arson and staged automobile accidents, peopleĬan end up getting seriously hurt, or even killed. Largely thought of as a "victimless crime," Richard P.īoehning, ISO senior vice president, and president of ISO'sĪmerican Insurance Services Group (AISG) unit, explained that in some Insurance fraud comes in many shapes and sizes. The suspect, has been a task that ISO has addressed for several years Insurance companies receive in order to discern the legitimate ones from Identifying constantlyĮvolving schemes, and sorting through the vast number of claims that Retrieved from Īccording to widely circulated industry numbers, insurance fraudĪccounts for 10 percent of all claims filed.
MLA style: "ISO: leading the charge in the fraud fight." The Free Library.