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Directors And Officers Coverage- Part 2 In Directors and Officers Coverage – Part 1, we talked about the need for a corporation’s board of directors┬áto secure D&O insurance. Like any other type of insurance transaction, a business has to complete an application and this can cause problems that could affect possible coverage. A business seeking

Insurance Fraud

Wednesday, 01 February 2012 by

Insurance fraud makes victims out of insurance companies and their customers. In common terms, insurance fraud is lying to or deceiving an insurer in order to make money or to become insured. Some common fraud schemes include: “padding” (inflating the true amount of) a claim lying or hiding (concealing) important information when applying for insurance

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