Home improvement scams like contractor frauds have become the top form of fraud in the United States, with Americans losing a whopping $82 million from 2020 to 2021 alone. To combat this, organizations across sectors are collaborating to try and…
The…
Insurance fraud is an unfortunate reality within the industry. When successful, these scams hurt not only insurers but also policyholders who get entangled in them. In response to an increase in insurance fraud cases, Central has developed a Special In…
With cases of contract fraud on the rise, homeowners must prepare to identify and respond to threats before they happen.
The post Contractor Fraud: What It Is and How to Avoid It appeared first on Central Insurance.
From pilfering personal information to package theft, there’s no shortage of fraudsters having their names added to the naughty list this time of year. Learn what to watch out for so you can keep the holidays merry and bright.
When it comes to insurance, conversations about fraud are never far behind. While fraud is an unfortunate reality of the insurance business — costing the industry up to $50 billion each year — it’s also an opportunity to bring significant value to Ce…
In the minds of so many, summertime evokes thoughts of relaxation, taking it easy, going on vacation, and enjoying yourself at the beach. But, unfortunately, criminals can take advantage of you any time of the year. Fraudsters may use the…
Contractor Fraud Awareness Week is here! From July 12 through 16, the National Insurance Crime Bureau (NICB) is highlighting the problem of contractors and vendors who take advantage of disaster victims in the aftermath of catastrophes. Hoping that vul…
Contractor Fraud Awareness Week is here! From July 12 through 16, the National Insurance Crime Bureau (NICB) is highlighting the problem of contractors and vendors who take advantage of disaster victims in the aftermath of catastrophes. Hoping that vul…
In the minds of so many, summertime evokes thoughts of relaxation, taking it easy, going on vacation, and enjoying yourself at the beach. But, unfortunately, criminals can take advantage of you any time of the year. Fraudsters may use the…
With Memorial Day coming up, we can be reminded that insurance fraud schemes impact everyone, including Veterans. Military veterans and retirees reported $66 million in fraud losses in 2020, according to Federal Trade Commission (FTC) data.&…