What’s The Difference Between Insurance Fraud And Acting In Bad Faith?
Often times “bad faith” and “fraud” are confusing terms when discussing the insurance world. While both acts involve deception and result in financial gain for one party, there are specifics that set each item apart. What Constitutes Insurance Fraud? Insurance fraud is an act committed to intentionally gain a fraudulent outcome from an insurance process. This can be done by a claimant to gain