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In the Insurance Fraud Bureau's first year of operation, the usage of data mining initiatives exposed insurance fraud networks and led to 74 arrests and a five-to-one return on investment. [ 30 ] The Insurance Research Council estimated that in 1996, 21 to 36 percent of auto-insurance claims contained elements of suspected fraud. [ 31 ]
The Better Business Bureau (BBB) is an American private, 501(c)(6) nonprofit organization founded in 1912. BBB's self-described mission is to focus on advancing marketplace trust, [ 2 ] consisting of 92 independently incorporated local BBB organizations in the United States and Canada , coordinated under the International Association of Better ...
In 1966, a New Zealand Royal Commission, chaired by High Court judge Owen Woodhouse, was established. In 1967 the Royal Commission recommended extending this compensation to cover all injuries on a no-fault basis. [2] Following this report, the New Zealand Parliament passed the Accident Compensation Act 1972, later amended in 1973. The Accident ...
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First Orion recently issued its "2022 Mid-Year Phone Scam Report," which estimates that U.S. consumers were on the receiving end of 101 billion scam calls during just the first half of 2022. First ...
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