What is Insurance Fraud?

Do you know what insurance Fraud is? This seems like a silly question, most of us should know what the word Fraud means–after all it was one of the basic skills we learned way back in grade school. Only at that time we called it cheating, or lying. The standard dictionary definitions all say just about the same things, fraud is the intentional perversion of truth (a lie) to induce another to part with something of value or to surrender a legal right. (To get something we want which usually has some value) In the business of insurance fraud falls … Continue reading