A woman in Australia pleaded guilty to fraud after faking her own death to claim over $718,000 in insurance funds. Despite elaborate efforts involving false documents and stolen identities, her scheme unraveled, leading to her arrest.
Tennessee ranks 16th in fraud, and state officials are urging residents impacted by Hurricane Helene to beware of contractor scams, advising them to verify contractor credentials and insurance.
Tech giants like Google and Tesla are exploring California’s homeowners insurance market, leveraging AI and big data to offer innovative, risk-adjusted policies that could reshape the industry and challenge traditional insurers like State Farm.
Artificial intelligence is set to revolutionize workers’ compensation by enhancing decision-making, streamlining claims processes, and predicting outcomes. However, challenges like data quality, transparency, and standardization must be addressed for successful integration.
FEMA is running low on disaster relief funds as it responds to Hurricane Helene, which caused severe damage across several Southeastern states. Congress may need to pass additional funding to sustain relief efforts.
U.S. dockworkers have suspended their strike after reaching a tentative agreement with terminal operators, securing a wage increase and agreeing to continue negotiations in January.
In 2024, Antarctic sea ice reached its second lowest maximum extent in recorded history at 17.16 million square kilometers, just above the 2023 record low, highlighting ongoing concerns about sea ice trends.
As digital payments grow globally, cyber scams are increasingly undermining trust in the system. Chubb’s survey reveals how fraud affects user confidence and how insurance can help restore it.
Colorado State University forecasters predict above-normal hurricane activity from October 1-14, 2024, with an extremely high likelihood of major storms in the Atlantic and Caribbean regions.
The rapid growth of solar energy is driving an increase in construction-defect claims, as industry experts highlight risks such as fire, environmental concerns, and insurance coverage issues.
Workers’ comp claims involving mental health conditions can be costly and complex. Understanding the three main types of concerns can help adjusters mitigate risks and reduce claim costs.
A rural Tennessee school district was swindled out of over $3 million when a finance officer unknowingly wired funds to a fraudster impersonating a legitimate curriculum vendor, part of a growing wave of email scams targeting schools.
As Florida prepares for new storm-related claims, CBS News’ "60 Minutes" investigates allegations by adjusters that insurers manipulated damage estimates from Hurricane Ian to underpay policyholders.
Insurance agents in Asheville, North Carolina, report unprecedented inland damage from Hurricane Helene, with widespread flooding, fallen trees, and road closures hampering recovery efforts.
A survey reveals that a quarter of small business owners have been targeted by AI-generated scams, using tactics like email, voice, and video impersonation, exposing them to significant fraud risks.
