Events
Review Past Event: The Big Bang Webinar
Archived Webinar
The Big Bang
How Fraudulent & Suspicious No Fault Claims
Impact Your Bottom Line
Originally Held: Thursday, March 12, 2015
Noon to 1 p.m. (EST)
Cost: Complimentary
Topic Overview
Michigan’s Auto No Fault Law is complex and ridden with pitfalls for insurers. Add to that fact the potential costs of covering lifetime medical services for policyholders participating in the state’s catastrophic accident claims fund, and you quickly understand some of the challenges of insuring drivers in Michigan.
If that’s not enough to keep you up at night, there are two other important factors to consider – fraudulent and suspicious claims, both of which are on the rise in Michigan. We’ve named this layer of added exposure “The Big Bang,” because it happens suddenly and with dramatic effect.
Specific topics included the nuts and bolts of provider litigation and techniques for combating PIP fraud.