Blog August 2017

Stanley Kanterman, President of Investigative Resource Center and the Vice President of Carrier Specialty Services, LLC. will be teaching at the Claims College in Baltimore Maryland, September 6^th through 8^th. Claims College was established in 2012 and enlisted some of the industry's top professionals to create and teach courses within their areas of expertise in the College's eleven specialty schools. The Schools are:

Casualty Claims

Construction

Cyber Claims

Insurance Fraud

Professional Lines

Property Claims

Transportation

Workers' Compensation

Claims Mediation

Extra-Contractual Claims

Leadership

Upon successful completion of these Schools, students earn their Certified Claims Professional (CCP) in that specialty. 

Stan sits on the Executive Council and created many of the courses taught in the School of Fraud. The students, who are from many of the national insurers, law firms and law enforcement come to learn about all aspects of insurance fraud. In addition to the Certified Claims Professional (Instructor) designation, Stan has the Fraud Claims Law Associate, Master Insurance Fraud Instructor, Associate Certified Fraud Examiner, Certified Identity Theft Risk Manager designations and is a licensed Private Detective.

As Hurricane Harvey continues its path through Texas and Louisiana, it is anticipated that there will be more than 500,000 flooded vehicles and trucks that will have some form of insurance claim filed by the owners.  Many companies have a “Destroy Only” philosophy when it comes to flood vehicles, however the National Insurance Crime Bureau (NICB) estimates that as much as half of the flood vehicles will be sold for salvage.  Unfortunately, some states will allow a person to convert a Flood Title to a clear Title with little or no documentation of repairs. These vehicles then can be resold to unsuspecting consumers.

To combat this, the NICB has established a VIN Check system that allows a consumer to search the VIN of any vehicle or truck they wish to purchase through their theft and flood system.  You can go to https://www.nicb.org/theft_and_fraud_awareness/vincheck to perform a free search. Please remember that any database, even the NICB’s is only as good as the information they receive. As such, if a company does not report to them as required by law, or if the vehicle is uninsured, the database will not have any useful information.  It is always a good idea to get a full history on any vehicle you buy.