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Fraud

Everyone knows insurance fraud is wrong AND ILLEGAL. However, most business owners probably don't realize that nearly $80 billion in fraudulent claims are made annually (source: Coalition Against Insurance Faud) and that the likelihood of being personally affected is surprisingly high.  According to participants of a national study conducted by the Association of Certified Fraud Examiners (ACFE):

  • ". . . the typical organization loses 5% of its revenues to fraud each year.
  • The median loss caused by occupational fraud cases . . . was $140,000. More than one-fifth of these cases caused losses of at least $1 million.
  • The frauds reported . . . lasted a median of 18 months before being detected."

Furthermore, the authors of the study report, "Occupational fraud is a significant threat to small busineses."  To help combat this problem, we provide a variety of ways to report suspected insurance fraud to us.

To speak with one of our investigators:

Call our Customer Service department at 1-800-673-2465.

To leave an anonymous voice mail:
Call our Fraud Hotline at 1-800-673-2465, ext. 8477 (TIPS).

To send an e-mail:
fraudsiu@guard.com

To send us correspondence via mail:
Berkshire Hathaway GUARD
P.O. Box 1368
Wilkes-Barre, PA 18703


At Berkshire Hathaway GUARD, we take fraud very seriously. All tips received are handled with the utmost sensitivity and urgency.

 
 
 

 
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