Insurance fraud is estimated to have reached epidemic proportions, second only to narcotics trafficking as the largest criminal operation in the United States. Consequently, nearly a third of insurers report that fraud accounts for up to 20 percent of claims costs. The potential for significant loss in the healthcare, insurance, and retail sectors underscores a far-reaching need to proactively investigate and prosecute fraudulent schemes.

Akerman's Fraud and Recovery Practice represents national insurance companies, managed care organizations, and self-insured companies, employing proactive tactics aimed squarely at stopping the perpetrators of fraud. Working alongside clients, we design and implement plans to minimize exposure and maximize recovery opportunities throughout the United States. Through the implementation of detection strategies, investigation and litigation, we help to neutralize losses, protect eroding profit margins, and guard against further victimization. Drawing on a solid command of the law achieved through decades of experience, our lawyers have helped establish a number of laws to protect insurers and have successfully litigated precedent-setting cases.

Our work includes orchestrating recoveries for large insurers and managed care organizations defrauded by unnecessary medical treatments, artificially and illegally inflated damages, illegal relationships between healthcare providers, and unlawful medical attorney referral services. We also defend ERISA actions brought by providers who have engaged in unnecessary or unlawful treatment of members.