"With insurance fraud costing billions, our job is to protect our clients from such matters, and ensure we investigate and report suspect claims."
Lake Mary, Florida (PRWEB) March 22, 2016
Based upon the reporting data provided by the Florida Department of Financial Services and the Division of Insurance Fraud/Bureau of Workers’ Compensation Fraud 2014-2015 Annual Report, Lion Insurance Company and Packard Claims, in conjunction with their SIU partner, Command Investigations, are credited with the following statistics:
- 7% of all claimant fraud arrests
- 7% of all ID theft arrests
- 5% of all claimant convictions
- 6% of all ID theft convictions
“We are committed to a national SIU program and believe our anti-fraud programming works,” said John Porreca, Chairman of Lion Insurance Company.
“With insurance fraud costing billions, our job is to protect our clients from such matters, and ensure we investigate and report suspect claims. We are equally committed to our other markets, and will be seeing similar SIU results in the future.”
Command Investigations works very closely with the claims staff to identify, investigate and report suspect claim activities. Command provides additional investigative services, including surveillance, CAT response field investigations and a robust restitution management program responsible for more than $32,000 of ordered restitution during this period.
“Our partnership goes back many years with Lion Insurance Company, but remains predicated on consistently delivering the finest SIU & Anti-Fraud investigations available in the market,” said Steve Cassell, President and CEO of Command Investigations.
“These arrest and conviction statistics are incredibly impressive, and we are fortunate to work with the team at Lion and Packard. Everything starts and finishes with them.”
About Lion Insurance Company
Lion Insurance Company is an experienced workers' compensation provider, covering an expansive spectrum of industries. Lion’s extensive experience gives them the unique knowledge needed to help reduce workplace injuries, control claim costs, fight fraud and abuse and ultimately improve the bottom line. Lion Insurance Company is financially secure with an "A-" (Excellent) rating by A.M. Best Company, with a financial size category of VII.
About Command Investigations, LLC
Command Investigations, LLC is the preferred provider of Surveillance, SIU and Anti-Fraud programming to P&C Carriers, self-insured entities and third-party administrators. National cost containment solutions also include Claims Buzz™ social media investigations, background checks and investigative canvasses - all backed by Command’s Guaranteed Service Program™. For more information, please visit http://www.GoCommand.com.