The use of artificial intelligence for fraud detection will triple by 2021, and advanced analytics and biometrics are becoming central to anti-fraud programs.
Oil and natural gas producers in the U.S. Gulf of Mexico began evacuating workers and shutting in output as a storm gathers strength off the coast of Florida.
The Dive In Festival, which promotes diversity and inclusion in the global insurance industry, has a record number of countries slated to host events in its fifth year.
California senators approved a proposal Monday aimed at stabilizing the state’s electric utilities and putting a renewed focus on safety in the face of devastating wildfires caused by utility equipment, with supporters calling it a plan that holds utilities accountable and protects ratepayers.
The family of a teenager killed during a 2018 gas explosion that injured a dozen others and destroyed scores of homes in three Boston suburbs settled its lawsuit against Columbia Gas of Massachusetts on Tuesday.
Pennsylvanian Russell Fish was "paranoid about everything," so much so, he even locked his bedroom door each night, his daughter said. But no lock would keep his killer out the night of Feb. 15 this year.
The ground opened up and swallowed a car. What sounds like a movie script is exactly what happened in Dale City, Va. on Thursday night. A couple of bystanders shot video of a massive sink hole.
The term “artificial intelligence” (AI) is weaving its way into the mainstream of insurance companies of all sizes. It’s a hot topic: Consider that at the recent Dig | In event in Austin, Texas, at least half a dozen exhibitors classified themselves as “AI” or “AI/Fraud” companies.
If your client ships goods to someone who turns out to be a fraudster and never gets paid as a result, is this covered by all-risks commercial insurance?
California Gov. Gavin Newsom has declared a state of emergency in two counties hit by the earthquakes that struck the state Thursday and Friday and has asked the federal government to step in, while initial reports of damages and losses are still being conducted.
A man has been charged with arson after fire officials say he set his car on fire back in April. Emmanuel Gonnell, 42, was charged with arson, a second-degree felony, July 3 after Austin Fire Department investigators say he intentionally started a fire in his 2018 BMW M3 in a possible insurance fraud scheme, according to an arrest affidavit.
Colorado police are reminding drivers to keep their car doors locked after a “four-legged suspect” broke inside a vehicle and wrecked it during a short joyride last week.
Residents of the Washington, D.C. metropolitan area were greeted with ominous dark clouds early this morning that opened up with torrential downpours. Morning commuters were stalled by washed out roads, limited visibility, and flooded Metro stations across the District, northern Virginia, and western Maryland.
