National Insurance Fraud Investigators (www.nafraud.com) was organized to serve a broad membership — insurance companies, law enforcement and bond enforcement officers, information services, forensic examiners, skip tracers, investigators, security specialists, and attorneys — in the United States and abroad. Membership includes access to networking opportunities, education and training, and a newsletter filled with up-to-date information on fraud investigations.

Insurance Overview

Insurance is a contract between the insured, who agrees to pay for services, and the insurer, who agrees to provide monetary reimbursement for certain losses that may be incurred by the insured. There are two very wide categories of insurance: government insurance and private insurance, each divided into industries. Government insurance can be divided into compulsory and voluntary, while private insurance is usually divided into four sectors: casualty, fire, life, and marine.

Government Compulsory Insurance can be: