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Insurance Carrier saved 26 million dollars on Insurance Fraud

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The Insurance Fraud Bureau warns that fraudulent insurance  fraud claims are expected to hit businesses hard in 2021. Insurance fraud costs companies upwards of $80 billion a year and drives many out of business altogether. Smaller family-owned businesses are particularly vulnerable. The IFB cites that during the 2007-2009 economic recession insurance fraud rose by 17 percent, and uncertainly in the U.S. economy today may prompt similar opportunists to act against unsuspecting business owners around the nation.

Business owners large and small can arm themselves by hiring a licensed, verified Private Investigator to join their defense team whenever a personal injury insurance claim is filed. Paramount Investigative Services Inc. recently saved a insurance company $26 million by submitting court-admissible video evidence to contest the lies of one claimant.

fraudulent personal injury claim

Criminals work the system to wage trumped-up or completely falsified claims. They hope for a big payday, and statistics are on their side. Fraudsters are incredibly adept at working the justice system, and dishonest doctors and ready to help them achieve their goals in exchange for big payouts. Many business owners mistakenly believe there is nothing they can do to defend themselves.

This is where a licensed, verified Private Investigator can work to protect your business. Fraudulent claimants may show up to court with visible mobility issues, but then play a round of basketball when they get home. Using state of the art equipment and tried-and-true professional investigative techniques, a Private Investigator will be able to discreetly gather indisputable evidence on your behalf. The fraudster will be caught unaware, and ill-prepared to dispute the truth, ensuring justice for you, the victimized business owner.personal injury claim dismissed

Personal injury fraud is a serious matter. Don’t let a fraudulent case be the ruin of your business. Contact a licensed Private Investigator today and protect yourself.

The validity of your case will rest on the quality of evidence, so it is essential that you validate a Private Investigators credentials. Free licensing validation, and a nationwide database of verified, expert investigator listings is available at findyourinvestigator.com.

Ken Childs

Author Consultant

Paramount Investigative Services Inc. is a highly reputable private investigation agency based in Los Angeles, boasting over 25 years of experience in the field. Founded and led by expert witness and author Ken Childs, the agency offers a comprehensive range of investigative services to clients, including insurance fraud detection, infidelity investigations, background checks, and legal support for attorneys. With a proven track record and a commitment to professionalism, Paramount Investigative Services Inc. stands out as a trusted choice for individuals, businesses, and legal professionals seeking reliable and discreet investigative solutions in Los Angeles.