ABSTRACT
The insurance industry has an ongoing need for the services of private security professionals, particularly private investigators. Part of this reality is driven by the sheer volume of fraudulent conduct within the various facets of insurance practice. The Association of Certified Fraud Examiners (ACFE) delineates the most common versions of fraud:
Agent and broker schemes
Underwriting irregularities
Vehicle insurance schemes
Property schemes
Life insurance schemes
Liability schemes
Health insurance schemes
Workers’ compensation schemes 1