Insurance fraud is one of the most costly white-collar crimes in the United States. According to some estimates, insurance fraud costs insurance companies and their insured clients up to $120 billion each year.
The insurance fraud attorneys at Arthur, Chapman, Kettering, Smetak & Pikala, P.A. represent insurance companies and self-insured clients by defending the company against fraudulent auto insurance, healthcare, workers' compensation and homeowner insurance claims. We serve clients in Minnesota, Wisconsin, North Dakota, South Dakota and Iowa.
Our lawyers have tried and arbitrated a number of fraud claims with excellent results. In addition to litigation services, our firm regularly provides advisory services to help clients detect fraudulent insurance claims and explore their options in addressing these claims.
Auto Insurance Fraud
There are many different kinds of auto insurance fraud, ranging from exaggerating injuries in auto accidents, to inflating damage claims, to staging accidents and vehicle thefts, to inventing injuries for people who were not in the vehicle at the time of the accident. According to the Rand Institute, auto insurance fraud adds $13 to $18 billion to our nation's insurance bill each year.
Health Care Fraud
Examples of health care fraud include upcoding (doctors billing insurance companies for a more costly service than the one performed), providing tests and other procedures that are not medically necessary, and billing for services not rendered. According to the Coalition Against Insurance Fraud, health care fraud costs insurance companies, employers, and consumers $54 billion a year.
Homeowners Insurance Fraud
Homeowners insurance fraud results in added costs for everyone who owns a home. Examples of this type of fraud include staging a break-in, arson or other intentional losses , and overstating the loss after a break in, exaggerating legitimate fire losses.