SPECIAL INVESTIGATIVE UNITS: SURVEYS ON INSURANCE COMPANY USE OF SIUS FOR FRAUD INVESTIGATIONS

This report summarizes findings from three studies conducted by the All-Industry Research Advisory Council (AIRAC) from mid-1982 to early 1984 pertaining to the use and operations of Special Investigative Units (SIUs) in the property-casualty insurance industry. The studies focused on the growth of the SIU concept in recent years, how the units are organized and staffed, types of fraudulent cases investigated, program costs, savings in claim costs and legal implications. All indications point to the fact that SIUs are facing a big challenge. Each year criminals, especially those operating in organized crime, devise new and more sophisticated ways of defrauding the insurance industry and its policyholders. Two of the most common frauds that are prime targets of SIUs are fraudulent auto theft and property arson. Other types of fraud that claims officials estimate account for millions of dollars in claims include fraudulent bodily injury and collision claims, auto arsons and fraudulent homeowner theft claims.

  • Corporate Authors:

    All-Industry Research Advisory Council

    1200 Harger Road, Suite 222
    Oak Brook, IL  United States  60521
  • Publication Date: 1984-10

Media Info

  • Features: Appendices; Tables;
  • Pagination: 32 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00399043
  • Record Type: Publication
  • Source Agency: National Highway Traffic Safety Administration
  • Report/Paper Numbers: HS-038 247
  • Files: HSL, USDOT
  • Created Date: Aug 31 1985 12:00AM