They just detected fraud suspicions and haven't found it yet. And this is not their business to detect fraud, that's up to investigators.
And it's not very wise to announce your metrics publicly. All fraudsters can read also.
We Found Insurance Fraud in Our Crash Data
51–60 of 77 posts
Re: We Found Insurance Fraud in Our Crash Data
#52I don't see nearly enough complexity in this analysis to justify the claim of having found any insurance fraud. Firstly, there's no account for correlation between the features identified. The article mentions VINs which have several single-vehicle accidents, for example, but someone who has one single-vehicle accident is probably more likely to have another. Switching coverage is another of those potentially-correla…
Also, anyone who lives in an area where there are deer (or, kangaroos in australia) will tell you - strange sounding single car crashes late at night or early in the morning.. aren't that strange, that's when the deer (or kangaroos) are out and about. Where I grew up if someone had hit a kangaroo 3 times in a year it would be strange sounding for sure, but not that strange.
Re: We Found Insurance Fraud in Our Crash Data
#53I don't see nearly enough complexity in this analysis to justify the claim of having found any insurance fraud. Firstly, there's no account for correlation between the features identified. The article mentions VINs which have several single-vehicle accidents, for example, but someone who has one single-vehicle accident is probably more likely to have another. Switching coverage is another of those potentially-correla…
> The article mentions VINs which have several single-vehicle accidents, for example, but someone who has one single-vehicle accident is probably more likely to have another. I haven't followed this story to know whether she's still driving, but one driver was involved in 7 crashes in 4 years, including two fatalities. https://www.indystar.com/story/news/crime/2022/06/17/car-cra...
Looks like she got three years in jail and a 10 year suspension of her license.
https://fox59.com/news/indycrime/indy-woman-to-serve-3-years...
>Anderson received the maximum sentence by Judge Charles Miller of three years, laid out in the plea agreement.
>Under the plea agreement, Anderson’s license will be suspended for six years, the maximum under a Level 5 felony, and she will also be named a habitual traffic offender, which will suspend her license for 10 years. The license suspensions will run concurrently.
Re: We Found Insurance Fraud in Our Crash Data
#54I'm a little skeptical, it would be interesting to add odometer data, time of day, and distance from home. My driving is on low end of the collision risk spectrum because I don't drive much, mostly day time, and mostly routes that I've driven hundreds or thousands of times and where know the lines of sight and cadence of traffic. On the other hand I would expect more risk for someone who worked night shifts, did taxi or delivery type driving where they're often in unfamiliar areas, or just plain put in more miles. I would expect these effects to create a wide collision frequency spread even holding constant skill and good intentions.
Re: We Found Insurance Fraud in Our Crash Data
#55> we never expected that a side by side look at Vehicle Identification Numbers and crash timelines would hint at possible insurance fraud.
Uh... I'm not surprised at all that auto insurance fraud, which involves vehicle collisions, might show up in vehicle collision data. This is sensationalist crap.
Re: We Found Insurance Fraud in Our Crash Data
#56I expected this to be about data found in the memory dump of a crashed process. (And was surprised they would post about this at all, given privacy issues.)
Re: We Found Insurance Fraud in Our Crash Data
#57I don't see nearly enough complexity in this analysis to justify the claim of having found any insurance fraud. Firstly, there's no account for correlation between the features identified. The article mentions VINs which have several single-vehicle accidents, for example, but someone who has one single-vehicle accident is probably more likely to have another. Switching coverage is another of those potentially-correla…
This is a marketing blog for some AI startup trying to sell AI voodoo to the insurance industry, so it just needs to sound like it might be useful for finding fraud.
Re: We Found Insurance Fraud in Our Crash Data
#58> Some years ago, a police officer casually told me, “You should get a dashcam, insurance fraud is common around here.” His offhand comment stuck with me, but life moved on. This is very, very good advice. Dashcams are cheap, and easy to install. Treat yourself - spending $80 on a camera could save you thousands in lawsuits, insurance hikes, costs of a new car, etc. To me it seems nearly as important as having a smok…
I don't remember them being easy to install; you need mounts and in the case of a rear dashcam, someone to wire them into your rear seat. Car dealerships should advertise adding webcams while you're in there -- that would really make it easy.
The camera I bought came with everything I needed, including cables that let me wire it into the circuit breaker panel so it could run even when the engine is off. (It didn't work, but that was probably my fault.)
Installation was easy - glue a thing to the windshield & rear windshield, & run the wires to the cigarette lighter USB adapter (which was also included). It was a bit of a pain to tuck the wires into the trim around the doors, but overall, not bad.
But yes, it would have been easier to have a dealership install one for me.
Re: We Found Insurance Fraud in Our Crash Data
#59Earlier quoted context omitted.
I don't remember them being easy to install; you need mounts and in the case of a rear dashcam, someone to wire them into your rear seat. Car dealerships should advertise adding webcams while you're in there -- that would really make it easy.
>Car dealerships should advertise adding webcams while you're in there -- that would really make it easy. And probably charge you $1000 to install a $100 dashcam.
I mean, they also charge you $150 to change the oil when you can do it yourself at home for free - it's a matter of whether you have more time, or more money.
Re: We Found Insurance Fraud in Our Crash Data
#60Earlier quoted context omitted.
The typical fraud "accident" is a vehicle with 4-5 people (including a child) who slam on their brakes in heavy traffic on the freeway. If that doesn't work, they reverse into you, and then claim whiplash for all the people in the car with a doctor who has everything to gain. It's $50k minimum. If someone backs into you, or slams on their breaks on the freeway without reason you can drive as defensively as you want a…
Also fun to see dashcam video where someone jumps out in front of the car for the insurance claim, but the driver is too alert and stops before hitting them, only for the person to then throw themselves on the hood of the car while their friend pretends to freak out on the sidewalk and call the cops.
Honestly, car insurance fraud is one of my favorite guilty pleasures on the short-video apps.