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Lawmakers Push for UI Fraud Prevention While Improving Equity and Access

In response to pandemic-era unemployment fraud, lawmakers propose solutions to improve fraud prevention and equity in UI systems, leveraging technology and data-sharing practices.
September 18, 2024 Fraud Insurance Industry Legislation & Regulation Technology Alabama Kentucky New Jersey Vermont

Fraud Trends and Prevention: Key Findings from RGA’s 2024 Global Claims Fraud Survey

The 2024 Global Claims Fraud Survey from RGA reveals persistent fraud challenges, with 74% of insurers reporting steady or rising fraud cases, emphasizing the need for enhanced detection and prevention measures.
September 16, 2024 Fraud Insurance Industry Life & Health Technology

Florida Home Inspector Accused of Reusing Photos in 200+ Insurance Inspections, Costing $88,000

A Florida home inspector is accused of using identical stock photos in over 200 inspections, costing Citizens Property Insurance Corp. thousands in fraudulent premiums and reinspection costs.
September 13, 2024 Fraud Insurance Industry Legislation & Regulation Property Florida

Investigators Sound Alarm on Fraudulent Water Damage Claims

Insurance fraud experts warn about exaggerated or false water damage claims, often linked to home renovations and fake sewage leaks, aimed at inflating insurance payouts.
September 13, 2024 Catastrophe Fraud Litigation Property California Florida

Insurers Boost Use of RICO Lawsuits to Combat Staged Personal Injury Claims

Insurers and defense attorneys are increasingly turning to RICO lawsuits to fight fraudulent personal injury claims, with recent cases in Florida and New York highlighting the growing trend of staged accident schemes.
September 11, 2024 Auto Fraud Liability Litigation Florida New York

Roof Damage Claims Surge Nationwide Amid Extreme Weather and Rising Costs

The surge in roof damage claims, driven by extreme weather and rising repair costs, is creating significant challenges for insurers, with increased fraud and evolving policy terms adding to the crisis.
September 11, 2024 Fraud Legislation & Regulation Property Risk Management Alabama Arkansas Florida Illinois Minnesota

Farmers’ Fraud Scheme: Tampered Rain Gauges Led to Million-Dollar Crop Insurance Scandal

A group of farmers in Colorado and Kansas tampered with rain gauges to falsely report drought conditions, leading to a multimillion-dollar crop insurance fraud. Their actions resulted in both criminal penalties and civil settlements.
September 9, 2024 Fraud Insurance Industry Litigation Risk Management Colorado Kansas

Nebraska Couple Charged with Defrauding Geico in $80,000 Camper Insurance Scheme

A Nebraska couple faces felony charges for allegedly defrauding Geico out of nearly $80,000 by filing a false insurance claim on a stolen camper that was later found in Oklahoma.
September 5, 2024 Fraud Insurance Industry Litigation Property Nebraska Oklahoma

Roofers Under Fire for Acting as Unlicensed Adjusters After Iowa Sting Operation

Iowa’s Insurance Division issued cease-and-desist orders against four roofers for acting as unlicensed public adjusters, sparking debate on whether contractors can assist homeowners with their insurance claims. The state’s crackdown highlights growing concerns over fraud and misrepresentation in the wake of frequent windstorms and natural disasters.
September 4, 2024 Fraud Insurance Industry Legislation & Regulation Property Iowa

Miami Rehab Clinic Owner and Staff Face Felony Charges in Alleged Insurance Fraud Bust

A Miami rehab clinic owner, along with two employees, are facing over two dozen felony charges after an undercover investigation revealed alleged insurance fraud and billing for unperformed services.
September 4, 2024 Fraud Insurance Industry Liability Litigation Florida

AI’s Transformative Impact on Risk Assessment, Fraud Detection, and Efficiency in Insurance

Artificial intelligence is reshaping insurance by enhancing risk assessment, improving customer experience, and streamlining operations. However, ethical challenges, regulatory hurdles, and high costs remain obstacles.
September 4, 2024 Fraud Insurance Industry Risk Management Technology

Top Innovators in AI-Powered Insurance Fraud Detection

AI is transforming insurance fraud detection, with leading companies like State Farm, Ping An, and IBM developing cutting-edge algorithms to identify fraudulent claims and protect insurers.
September 3, 2024 Fraud Insurance Industry Technology Underwriting

Strangest Claims and Encounters Shared by Insurance Adjusters

Adjusters share bizarre and unsettling stories from the field, ranging from surreal encounters to harrowing situations that shed light on the unpredictable nature of their work.
August 29, 2024 Catastrophe Fraud Liability Weird Nevada New Jersey New Mexico

San Francisco Tow Company Owner Faces New Federal Insurance Fraud Charges

The owner of multiple towing companies in San Francisco has been charged again with federal insurance fraud, involving staged crashes and fraudulent claims, just weeks after a similar case was filed.
August 29, 2024 Auto Fraud Insurance Industry Litigation California

NYC’s DCWP Secures Over $600,000 for Consumers Exploited by R.G. Ortiz Funeral Homes

The NYC Department of Consumer and Worker Protection (DCWP) has secured over $600,000 in restitution and civil penalties from R.G. Ortiz Funeral Homes for exploiting grieving consumers, particularly in Spanish-speaking communities.
August 28, 2024 Fraud Legislation & Regulation Life & Health Litigation New York
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