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Tag: audit fraud

Workers Compensation Fraud – A candid talk about the Who, What, When and Why

October 6, 2015 Randy Sieberg, CIC, ARM, CRM

Fraud is commonly defined as an intentional act designed to deceive another resulting in a gain that otherwise may not…

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Posted in: Workers Compensation Filed under: audit fraud, classification fraud, common errors, fraud, fraudulent claims, premium fraud, workers compensation fraud

Employers Charged with Insurance Fraud by Workers Compensation Insurance Carriers –

September 22, 2015 Randy Sieberg, CIC, ARM, CRM

There’s no doubt that insurance fraud is a persistent, increasing problem. It costs insurance carriers a ton of money which translates…

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Posted in: Workers Compensation Filed under: audit fraud, civil, class code fraud, classification fraud, criminal, insurance fraud, premium fraud

Intentional Misclassification of Employees, Workers Compensation Audits and Fraud

April 11, 2014 Randy Sieberg, CIC, ARM, CRM

We were recently contacted by an insurance agent representing an employer who, upon completion of their workers compensation audit, was presented…

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Posted in: Audit Problems, Workers Compensation Filed under: assignment of payroll, audit fraud, classification codes, misclassified employees, premium fraud, workers compensation audit

Manipulation of Workers Compensation Deposit Premiums, Policy Failure and Fraud –

January 29, 2014 Randy Sieberg, CIC, ARM, CRM

Many employers become enticed by the idea that they can get workers comp coverage at reduced prices. Sometimes significantly below…

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Posted in: Workers Compensation Filed under: audit, audit fraud, deposit premium, fraud, manipulation, premium fraud, workers compensation premium

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