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insurance claims
In the United States, Workers’ Compensation Insurance is a $53 billion market that encompasses 287 businesses and employs over 54,000 workers. In 2017, the market grew 2.7%, and with an improving employment market and rising interest rates, the industry is projected to experience continued growth. That’s the good news for Workers’ Compensation carriers. The bad...
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According to the FBI, the total cost of insurance fraud in the United States, excluding health insurance fraud, is $40 billion annually. The typical family pays $400 – $700 more in premiums as a direct result of this fraud. Sure, $700 is not small change, but is it worth being concerned about? Taken on it’s...
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