According to the NICB, more than 10 percent of the insurance claims submitted each year are fraudulent, making insurance fraud the second
most costly white-collar crime in America after tax evasion.
Healthcare fraud costs U.S. insurers an estimated $80 billion a year and fraudulent property and casualty insurance claims cost an estimated
$30 billion. Insurance fraud accounts for as much as 10 percent of insurance premiums and the average household spends $950 a year in
additional premiums to cover the cost of insurance fraud in America