Insurance Fraud: Red Flags for Property and Liability Insurance

Overview

Fraud accounts for about 10% of the property/liability insurance industry’s losses and expenses annually. Often fraud can go unnoticed when claims representatives or other personnel involved miss the “red flags” that should prompt further investigation. This course focuses on the red flags commonly linked to property and liability insurance fraud, primarily associated with claims.

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Objectives

  • explain the importance of recognizing red flags that might indicate insurance fraud
  • describe various types of insurance fraud
  • explain who commits insurance fraud
  • describe the motives for committing insurance fraud
  • describe red flags associated with insurance policies’ origin and underwriting background and how a claim is presented
  • recognize red flags uncovered during the active investigation of a claim or in connection with claims-related documents and records

Designed For:

Property and casualty insurance agents, brokers, adjusters, and claims professionals at any level in their career


International Risk Management Institute, Inc. (IRMI) is the premier provider of risk and insurance continuing education and reference publications, and is considered the ultimate authority by leading insurance practitioners. Written by industry experts, IRMI courses provide the most up-to-date, practical and reliable information possible.

Course Information

Adding additional credit may change exam requirements.