Employee dishonesty is more prevalent than we’d like to admit. Let’s face it: No one wants to think that one of their hand-picked employees may be stealing from them or cheating them. Yet it happens more often than we’d think. Keep reading to learn how to spot red flags with these steps to prevent business… Read More
fraud
Putting the brakes on auto fraud and theft [infographic]
Is your business vulnerable to auto fraud and theft? Each year, our industry experiences losses of approximately $12 billion to auto fraud and theft, split down the middle: $6 billion in auto theft and another $6 billion in fraudulent or inflated auto injury claims. Even if your commercial clients own no vehicles in their businesses,… Read More
Auto “losses” from a convicted felon
The insured claimed he was held up by gunpoint at his business. He claimed he was hogtied and pistol-whipped; then the suspects stole four vehicles from his auto repair shop, including one of his personal vehicles. He did not call the police to respond to his business but drove himself to a local police station… Read More