Insurance companies don't lose money to fraud, the people paying the premiums do. And if you believe your employer is footing the bill for that.....WRONG! That employer portion is income that would have been yours. The same people hurt by investment bank fraud are damaged by insurance fraud, whether medical, auto, home, or other. Besides, we all know bankers are in business to make money, no hidden agenda. Doctors are supposed to be making money as just a side effect of healing people. When we find a doctor screwing people over just to make $ we should throw the book at them.