Central Insurance
Category: Fraud
Who Is Most at Risk for Contractor Fraud?
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…
Read MoreHow Central’s Major Case Program is Preventing Insurance Fraud: a Q&A with Central’s Special Investigative Team
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 Investigations…
Read MoreContractor Fraud: What It Is and How to Avoid It
With cases of contract fraud on the rise, homeowners must prepare to identify and respond to threats before they happen.
Read MoreThe Naughty List: Three Holiday Scams to Watch Out for this Season
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.
Read MoreMoving Faster than the Speed of Fraud
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 Central policyholders through a robust anti-fraud approach that identifies and stops fraud before it ever happens. Learn more from our the Special Investigations Unit about how Central is combating fraud and innovating solutions that are setting new standards of excellence within the industry.
Read More