• Weaknesses: membership growth and lack of succession planning • The organizational chart updated • External trends: impact of social media legislation • Health care reform and public/private collaboration
12 PropertyCasualty360.com The Customer Value Chain page 29 The Adjuster’s Little ‘Black Box’ Identifying Liabilities, Subrogation Opportunities page 26 BI Claims and Forensic Accounting The Sum of Many Components page 32 Data-Driven Cost Cutting Ten Ways to Save When Handling Claims page 37 Plus ALE and Shelter for Insureds page 14 Near, Far-Fetched Disasters page 46 Inducting the year’s MOST SHAMELESS FRAUDSTERS See Page 20 The Not-So- Invisible Circus
fingen heridas están fuera de contacto. Cometa fraude por un accidente de trabajo y perderá mucho más que su trabajo. Si sospecha que alguien cometió una estafa, hable inmediatamente con su supervisor o visite: www.Insurancefraud.org/Spanish
enormous problem for insurance companies. Dishonest contractors increase fraudulent claims. Fraudulent claims damage the relationship between policyholders and insurance companies. That damage, damages the insurance companies’ reputation and ultimately, their image; of course negating all marketing efforts.
begin a home improvement or home repair project, to greatly reduce the chances of victimization or contractor fraud. We do this by providing homeowners with valuable information and resources so they can become their own quality control managers. By empowering homeowners with knowledge around “Best Practices” we can begin to win the war on contractor fraud and claim our communities as contractor “Fraud-Free Zones.”
Homebuyers • Women • Those who speak English as Second Language • The Physically Impaired • Low – Moderate Income Communities • Rural Communities • Any Homeowner
paid up front faulty workmanship property liens identity theft/property theft over inflated pricing substandard materials incomplete jobs cost overruns SOME FORMS OF VICTIMIZATION
get building permit • 100 year warranty • Money up front • Use his lender • Discount on left over supplies • Free roof or damage inspection after a storm • Pressure selling • Contract different from verbal quote • Roofer gives you document
sympathy • Early delivery of materials • Identity theft • Comes back to rob you • Will pay your insurance deductible • Will handle your insurance paperwork • Installs cheaper materials • Doesn’t pay subs or suppliers
Embarrassed victims don’t report • Lack of awareness they have been victimized • Trade associations lack power • Third party referrals/false security • Better Business Bureau • Law enforcement lacks adequate legislation and staff • Insurance companies are blamed
Home Improvement or Home Repair Contractor Fraud” are FREE and open to the public. Homeowners learn to become their own quality control managers, working effectively with contractors and suppliers while protecting their home during a home improvement or home repair project.
the Project • During the Project • After the Project • Working with Your Insurance Agent • Protecting Yourself Legally • Greenwashing (Green Fraud) • Questions and Answers
Executives, City Managers) Insurance Commissioners Attorneys General FEMA Disaster Inspectors Insurance Agents and Claim Managers Local Police Local Building & Zoning Personnel Consumer Reporters Attorneys/Prosecutors Green Building Experts Small Business Administration
and knowledgeable when overseeing their home improvement or home repair projects. · Honest and ethical contractors can focus on providing quality service at reasonable rates to continue to serve their customers and grow their business. · Lenders will have fewer foreclosures as informed homeowners prevent financial hardships commonly associated with contractor fraud. · Insurance companies can better manage their rates and customer relationships with the reduction of fraudulent claims. · Government offices, law enforcement agencies, and businesses can spend less time and money pursuing unscrupulous contractors as fraud complaints decline.
presence in the community as a result of working with NCPHIF. State Farm Public Affairs Specialist Gary Stephenson, Phae Howard, Executive Director of NCPHIF, North Little Rock City Building Code Officer Robert Voyles, Little Rock Mayor Mark Stodola, and Arkansas State Representative Allen Kerr visit at the workshop in Little Rock.
insure an effective, proactive and preventative vehicle for reducing contractor fraud. Power Springs Council Member Tom Bevirt, Mayor Patricia Vaughn, Council Member Rosalyn Neal and NCPHIF Executive Director, Phae Howard.
that they contact their insurance agent before they begin a home improvement project, fostering another line of communication between agents and their customers.