Nearly one-fourth of Americans said they think that padding an insurance claim to compensate for deductibles is acceptable, a sentiment that is on the decline, according to an Insurance Research Council study. "However, the fact remains that nearly 1 in 4 Americans are tolerant of claim-padding behavior that has direct implications for claim costs and the cost of insurance for consumers. Moreover, 1 in 10 believe that insurance fraud doesn't hurt anyone, indicating the need for continued public education," said Elizabeth Sprinkel of the Insurance Research Council. Insurance Networking News (3/20)
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