Question
Insurance fraud is a problem that has become increasingly costly for the insurance industry. The Coalition Against Insurance Fraud estimates that insurance losses are at
Insurance fraud is a problem that has become increasingly costly for the insurance industry. The Coalition Against Insurance Fraud estimates that insurance losses are at least $90 billion per year or $950 per family. Required: (1) Go to www.insurancefraud.org and choose the following options: Choose 'News' and then pick and read one article from the list. State the name and web address of the article you picked. (2) Speculate on 2 ways that Americans could be influenced or affected by the fraud mentioned in the article. (3) What were the legal implications, actions or outcome against those who committed the fraud? (4) Do you feel the sentence they received was justifiable? Explain your answer.
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