Monday, June 20, 2011

Falsely Recorded Insurance Claims

According to a recent report, the insurance system links a malfunction, an insurance industry database that includes historical customer information, being incorrectly associated with thousands upon thousands of customers has led to claims. Database information is not used to claim only the house, it also monitors claim to help prevent fraud.





And, of course, the more an individual claim, the more likely it is that the person's insurance costs will be higher.

Although officers understand that the situation should be remedied, the system changes needed to the procedures elaborated on the details. In fact, it is not clear that any attempt would be to actually implement the changes.

However, some companies have made efforts to correct the information in the database. System more than two million in November last year showed a record deal with claims. Tis the actual claims for an insurance company was not for equality among the thousands of inquiries. Once the company realized that this information was included in the database, he was fired.

It insurance companies to make the right makes the customer pricing plan. Correctly if they are unable to evaluate a client's claim history, when the premium charged for a shot in the dark. Although an investigation has been reported that it is not an isolated incident, the insurance industry has confirmed this fact.




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