Mercury Insurance Special Investigations Unit Celebrates 40 Years of Crime Fighting

By a News Reporter-Staff News Editor at Insurance Weekly News -- Mercury Insurance's Special Investigations Unit (SIU), founded in 1978, is the company's secret weapon against fraudulent insurance claims, which cost the average U.S. family $700 per year in increased premiums.

The goal of the unit, which consists of 40 seasoned investigators in 11 states, is to catch white-collar con artists, shady doctors and lawyers, and even the occasional celebrity who has filed fraudulent claims. Ultimately, the SIU exists to prevent phony payouts and exaggerated claims stemming from staged accidents, arson, auto and identity theft, and padding of medical expenses, to help keep rates low for Mercury policyholders. But that's not all, because they also provide assistance to law enforcement when requested to help put these criminals behind bars.

Keywords for this news article include: Mercury Insurance, Insurance Companies.

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