While we know that very few claims are fraudulent, we take our obligation to our customers and shareholders seriously by guarding against the increased costs of fraudulent claims and other insurance transactions. The costs of insurance fraud nationwide for all insurance carriers and their customers is substantial. In fact, The Coalition Against Insurance Fraud estimates that insurance fraud costs Americans $80 billion a year.
The Standard is dedicated to the anti-fraud effort through fraud detection, investigation and cooperation with local law enforcement authorities. You can play an important role in that effort.
If you suspect insurance fraud has been committed against the company, call our Special Investigations Unit (SIU) at (800) 378-2387 or e-mail the SIU at siu@standard.com.