Insurance Fraud and its Perpetration Essay Example | Topics and Well Written Essays - 1750 words

Insurance Fraud and its Perpetration - Essay Example The individuals who are mostly found engaging in hard fraud include company executives, as well as employees. A corporate worker who engages in fraud will typically choose to defraud the insurance firm by taking bribes from physicians to validate false claims. Insurance agents could also participate in defrauding an insurance firm by not forwarding policyholder premiums to it, and instead of pocketing them while hoping that a claim is not filed by the policyholder. Hard fraud could also be perpetrated by con artists who create fake insurance firms and then proceed to collect premiums from gullible consumers. Such con-artists almost never pay claims. Once the numbers of claims being filed by policyholders reach a certain number, the defrauders will vanish with the company assets. Soft fraud is also referred to as opportunity fraud and takes place when a claimant overstates a genuine claim. For instance, a car owner who is involved in a minor incident where there is a ‘fender bender’ problem can exaggerate the claim (Karamouzis and Hallawell 2005). Soft fraud can also take place in the course of the underwriting process when consumers are invited to renew their coverage. In such an instance, the claimants could offer false information for the purpose of lowering the insurance premiums; thus increasing the possibility of their applications being accepted (Pontell 2005b). For instance, they could provide false information on the car’s mileage, provide a false garage location, or even add to the number of items that may have been stolen, in incidences of theft. The UK Fraud Act of 2006 actually strengthened the existing law on insurance fraud. It included the notion that people would be charged with fraud if they used fake representations, or even refrained from disclosing important information (Hoyer, Zakhariya, Sandner, and Breitner 2012).

Buddhist art at Asian art Museum in SF Essay Example | Topics and Well Written Essays - 1250 words

Buddhist art at Asian art Museum in SF - Essay Example The architectural designs of the walls and lights bring anyone inside into a time of serenity and ancient civilization which Buddhism stand for. The pillars are arranged parallel to the series of time warps inside the whole journey in the museum. Each segment inside the museum depicts a historical time that attributed to the living conditions of each country under the Buddhism religion. For example one of the artifacts that peeked my interest during visit in the Asian Museum was the artifact entitled "Bodhisattva crossing over". This artifact is made from nephrite (also known as jade) which size comprise of: Height 9 in x Width 6 1/2 in x Diameter 3 in, Height 22.9 cm x Width 16.5 cm x Diameter 7.6 cm. This jade carving was made from the time of Chin Dynasty in China. For our information, Qin Dynasty is one of the most influential and greatest dynasty in China headed by Emperor Qin Hwang Ti. During this time, arts have been one of the most precious means of depicting arts to preserve and foretell the significance of this dynasty during that time. Nephrite or much known as Jade is a precious stone (a green colored stone, which is uniquely made). Jade is considered to be one of the most precious stones every used in China, especially during the ancient times. To be able to create a form in jade one needs to patiently polish in order to create depth and form. This symbolical artifact used a significant precious stone to share to the world and to people that during the Qin Dynasty, Buddhism is the most significant religion ever followed by most people in China. The image in this artifact is intricately done because each curve, shapes and depth formed the message of the piece. The top portion of the artifact is shaped form like a cave, which the depth of the piece has generally created a distinct image of a person inside a cave. The bottom of the artifact is series of layered curved like waves forming which symbolically moving towards the right side (facing the artifact). In addition to the bottom portion of the artifact, the curves as mixed with various sizes (big and small currents); that also is mixed with stoned form enveloping the waves in each side. The middle part of the artifact is slimmed down in size, which adds another form and balance into the whole piece. The middle portion contains an image of a person, who is believed to be Buddha (or known as the enlightened one). The image of Buddha in the artifact is standing on top of the big and strong currents and as he is also enveloped above by the cave forming stones. The balance in t his artifact is blended with a piece of branches with tiny leaves growing in each of its edges. Buddha's gown was curved finitely creating a gentle movement of alternating flowing of the cloth as it follows the blowing wind. Chinese arts developed every dynasty. Each century or decade, the art and literature of China embodies the depth, symphony and music that each creator and artist have appreciated and grateful for. Buddhism in this creation is highly looked up and followed by everyone. Sakaymuni Buddha or Sidharhta (as he was commonly known for) has a lot of divine teachings to which