Tuesday, July 10, 2007

Data net set to corral insurance fraud

ContraCostaTimes.com - Data net set to corral insurance fraud: "To most California small business owners, workers' compensation insurance is a huge pain in the neck. The workplace injury protection payments, which can be as much as $40 per $100 in payroll in some cases, add up very quickly.

Most entrepreneurs bite their tongue and pay the fee, but an estimated 100,000 businesses statewide don't. Until now, they risked little: Law enforcement was not equipped to detect them. They went about business largely unperturbed, enjoying a hefty advantage over law-abiding competitors.

That hide-and-seek will soon be over. Investigators are about to get X-ray vision.

'We are giving the fraud investigators the tools and the funding to go after the employers who fail to buy workers' compensation insurance,' said Sen. Mark Ridley-Thomas, D-L.A., who authored a new workers' compensation bill. 'We want a level playing field.'"

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