Business Journal: Probe Inc Expands
When the economy sours…fraud tends to go up. And that’s good news for a company that investigates fraud. A Sacramento insurance claims investigator is expanding into 18 Western states.
Tuesday, November 4, 2008
Probe Information Services Inc. is one of the state’s larger players in insurance fraud investigation. The Sacramento company looks into workers’ compensation and insurance claims, offers training to spot fraud and conducts background checks of job candidates. Field investigators must know everything from privacy laws to disguises to tricks for keeping cool when conducting surveillance in a hot car all afternoon. The company has increased revenue 15 percent to 20 percent in each of the past two years. This year it brought in $4.2 million. Now Probe is looking to expand. It expects to hire 15 more people over the next year, with plans to open a few small regional offices.