Frauds Upon Life Insurance Companies
Frauds Upon Life Insurance Companies

Author: Charles C. Bombaugh

Publisher: Forgotten Books

Published: 2018-01-25

Total Pages: 28

ISBN-13: 9780483967496

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Excerpt from Frauds Upon Life Insurance Companies: An Address Before the Life Underwriters' Association of the State of Ohio, at Columbus, Ohio, Tuesday, June 19, 1877 Both of these themes demand your earnest and serious considera tion. The one - the mal-administration of official or delegated trust will occupy more or less of the time appropriated to your reports and discussions; to the other - the S'tratagems and conspiracies to rob the companies you represent - I invoke your attention for a brief season. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Retirement protection
Retirement protection

Author: United States. Congress. House. Committee on Financial Services. Subcommittee on Oversight and Investigations

Publisher:

Published: 2002

Total Pages: 136

ISBN-13:

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Life Insurance Fraud-Risk Management and Fraud Prevention
Life Insurance Fraud-Risk Management and Fraud Prevention

Author: Dhara Shah

Publisher:

Published: 2018

Total Pages: 10

ISBN-13:

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Insurance fraud is one of the most serious problems threatening viability of insurance companies.Insurance frauds are driving up the overall costs of insurers and premiums for policyholders. It encompasses a wide range of illicit practices and illegal acts. Insurance companies have witnessed increase in the number of fraud cases since couple of years. Risk Management has been acquiring monumental importance in insurance industry. Insurance business is of dynamic nature that puts an additional onus on risk management. So insurance companies need comprehensive risk management strategies that involve fraud risk assessment and fraud prevention. The purpose of this study is to analyze various types of life insurance frauds, assess the risks associated with these frauds and finally frame an ideal risk management strategy to curtail or minimize the frauds associated with life insurance. The existing literature on life insurance fraud is used to explore the fraud risk management and internal control system of various organizations.

Global Pirates
Global Pirates

Author: Robert Tillman

Publisher:

Published: 2002

Total Pages: 192

ISBN-13:

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In 1990, a congressional subcommittee warned of financial knaves and buccaneers in the insurance industry-unlicensed and largely unregulated companies that operate out of countries like Antigua and the Cayman Islands and sell hundreds of millions of dollars in worthless insurance policies to unsuspecting Americans every year. Increasingly, when a fire, car accident, or medical emergency strikes, policyholders suddenly find themselves victims of a global con game as phone calls are not returned and claim settlements fall to materialize, resulting in financial ruin if not physical harm. Global Pirates is a critical investigation of international insurance fraud. Robert Tillman portrays the often surreal world of the burgeoning offshore insurance industry; a world in which sophisticated white-collar criminals operate beyond the reach of government regulators to set up elaborately orchestrated scams that drain illegal profits out of the $3 trillion U.S. insurance market. He also describes how the new global economy allows these scam artists to take advantage of rapidly changing financial markets and the regulatory environments that surround them. Drawing on congressional hearings, co