Insurance fraud is on the rise

Business. I am a friend and colleague. Auto insurance fraud is the number one source of insurance fraud in New Hampshire. My guess is to brief us on the source and other sources of insurance fraud. But at the moment, it’s first and foremost people within us who have complaints about insurance. We saw a record recovery in insurance funding in 2020 for the purchase of the New Hampshire Department of Insurance. Let me give you the numbers. 4080 Insurance Assistance Request, 929 Consumer Complaint Investigator. Recovery of 4.1 Million Phones Equally Important Are Insurance Fraud Prosecutions Funded? This is funded by my guest. That is. 298 referrals for a total of 22 claims, 18 of which involved auto insurance, 2 workers’ compensation, 1 homeowners insurance and 1 disability insurance. Full recovery from fraud. Oh no, the total claim is 283,000. My target was what I guess was an insurance fraud investigation in New Hampshire. Welcome, BRENDAN HARRIS, Director of Insurance Fraud, Department of Insurance. Nice to have you. Thank you so much for having me today. Has insurance fraud increased in New Hampshire? Yes, sir. I hate to say it is, but it is increasing. Every year about 300 letters of recommendation land on my desk. As you pointed out, we prosecuted 22 cases, which is a record for this type of fraud. do you know? What is the most common? I mean, auto insurance is one of them. But you also said that to me before we made false records. Yes. Auto insurance consistently has the highest number of fraud cases of any US state. But we’ve seen a huge increase in false records, people using tools like Adobe PRO to create fake records and then submitting them as part of a claim. and get paid by the insurance company. Yes. and some examples of it. acid. Posting is the most common form of insurance fraud. So in New Hampshire, you don’t have to buy insurance for your car. Then some of them will have accidents. They suffer a loss, and then when they’re at the scene of an accident, they’re effectively buying an insurance policy. And then they’ll file a claim at a later policy moment, like maybe the next day. They lie about the accident to try to get the insurance company to pay for their damage and their damage to the other car. When it comes to false records, we’ve had a lot of people make false claims, like food poisoning from eating at restaurants, things like that. They will falsify their own medical records, bank records, emergency records, anything you might need to settle my claim. OK They will create them on ADOBE PRO and submit them to the insurance company. In one case, a young woman was sitting in a federal prison. Now we’re trying to make $428,000 using her kids and her own name. Well, it’s my understanding that besides people who scam, insurance companies can also be sued for fraud. they can. We specialize in insurance agents. If insurance agents take money from customers who come to pay for insurance policies or something similar, and then steal that money, then we go after those insurance agents. So when you hand over your money to an insurance agent. But one thing he can do with it is buy your policy, buy your annuity product, buy whatever you give him money to buy. If he used it for personal use, as in one case, the man would take the money to Las Vegas and gamble it away in three days. Well, yes, we’re going to sue those insurance agents. What would ordinary people do if they thought someone was defrauding them? We’ll be sending an email in a minute, but what can I do? They should call me. You can call the New Hampshire Department of Insurance. You can ask to speak to BRENDAN HARRIS from the Insurance Fraud Unit. I will personally take your call and make sure it is investigated. You know, when you said that insurance fraud has increased in New Hampshire, what did you just do, what were you particularly concerned about? Most of the time it will be car insurance since that is the highest number. insurance policy. Yes. So we’re trying really hard to try and stop people from doing past insurance fraud. Any example in your ears does this. This stands out for you. Some things you remember because in one particular case it was so unusual, there was a gentleman who reported his car was stolen. It was discovered about 24 hours later that it had burned. I was asked to investigate that case. During my interview with him, he broke down and admitted that he didn’t actually burn the vehicle for the insurance money. He actually killed people. Good guy. The body was placed in the vehicle, which was then burned to cover up the crime scene. BRENDAN HARRIS, Fraud Director, New Hampshire Department of Insurance. Thank you. Thank you so much for having me. Nice to have you. In case you missed it by the way, here is the New Hampshire Church Department contact information. It appears on the screen. email and phone number. If you missed a part of it, you can go to any of our D

NH Business: Insurance Fraud in New Hampshire

Host Fred Kocher joins Brendhan Harris to discuss why insurance fraud is soaring in the Granite State

Updated: January 29, 2023 8:18AM ET

Fred Kocher, New Hampshire Business Host

Last year, the New Hampshire Department of Insurance recovered $4.1 million in insurance funds, a record for the state. Despite the efforts, state officials say insurance fraud is becoming more common in New Hampshire. On the latest episode of NH Business, host Fred Kocher joins Brendhan Harris, director of fraud for the New Hampshire Department of Insurance, to discuss what is driving this increase, and in some cases, the different forms of insurance fraud, and what Granite Staters can take. measures to avoid any problems.

Manchester, New Hampshire —

Last year, the New Hampshire Department of Insurance recovered $4.1 million in insurance funds, a record for the state. Despite the efforts, state officials say insurance fraud is becoming more common in New Hampshire.

On the latest episode of NH Business, host Fred Kocher joins New Hampshire Department of Insurance Fraud Director Brendhan Harris to discuss what’s driving the increase in cases, the different forms of insurance fraud, and what Granite Stater can do to avoid any problems.