
Balancing Technology and Human Touch in Insurance Fraud Detection
Technology aids in spotting insurance fraud, but human expertise remains crucial to ensure accuracy and maintain consumer trust.
July 22, 2024
Fraud
Insurance Industry
Risk Management
Technology

Pennsylvania Dental Office Employee Admits to Stealing $35,000
An administrative assistant admitted to stealing over $35,000 from an Adams County dentist’s office, forging insurance claims, and depositing checks into her personal account, according to court documents.
July 19, 2024
Fraud
Insurance Industry
Litigation
Risk Management
Pennsylvania

Auto Theft in Canada Drops 17% in 2024
Auto theft in Canada has decreased by 17% in the first half of 2024, thanks to increased border patrols, police collaboration, and government actions, a report finds.
July 19, 2024
Auto
Fraud
Legislation & Regulation
Risk Management

Disney’s 1.1 TB Slack Data Breach Exposed by Hackers
Hackers claim to have stolen and leaked over a terabyte of Disney’s internal Slack messages and files.
July 19, 2024
Fraud
Insurance Industry
Litigation
Technology

Adjusters Reveal Their Wildest Claims: From Zoo Giraffes to Ancient Burial Grounds
From a dead giraffe in a zoo to discovering an ancient burial ground, insurance adjusters share their most bizarre and unexpected claims in a fascinating Reddit thread. These stories range from the humorous to the eerie, offering a unique glimpse into the unpredictable world of insurance.
July 16, 2024
Fraud
Litigation
Property
Weird
Florida
Missouri
Oklahoma

AT&T Pays Hacker $370,000 to Delete Stolen Customer Data
AT&T paid a hacker $370,000 to delete stolen call and text records of millions of customers. The hacker, part of the ShinyHunters group, claims to have wiped the only complete dataset, but some risks remain.
July 15, 2024
Fraud
Litigation
Risk Management
Technology

Insurers Gained $50 Billion From Medicare for Untreated Diseases
Medicare Advantage insurers received $50 billion from questionable diagnoses, including diseases like diabetic cataracts and HIV, for conditions that were not treated or didn’t exist.
July 8, 2024
Fraud
Insurance Industry
Legislation & Regulation
Technology
Alabama
Arizona
Florida
Georgia
Massachusetts

Crypto Theft Surges: $1.38 Billion Stolen in Hacks and Exploits in First Half of 2024
In the first half of 2024, hackers stole $1.38 billion from cryptocurrency platforms, double the amount stolen in the same period in 2023, according to TRM Insights.
July 8, 2024
Fraud
Risk Management
Technology

Man Arrested for Roofing Scam Causing Nearly $20k in Damage
A Pennsylvania solicitor was arrested for an insurance fraud scheme that caused nearly $20k in roof damage to a homeowner’s property in 2023.
July 8, 2024
Fraud
Insurance Industry
Litigation
Property
Pennsylvania

AI Helps Cut Workers Comp Costs by Identifying Fraud and Difficult Claims
Artificial intelligence is aiding insurers and employers in reducing workers comp costs by identifying difficult and fraudulent claims, but it remains a tool for claims handlers rather than a replacement.
July 8, 2024
Fraud
Insurance Industry
Technology
Workers' Compensation
California
Georgia
Massachusetts
Missouri

Adjuster’s Strategy Forces Uncooperative Claimant to Comply
An insurance adjuster uses a debtor’s own words to return a wrecked truck to his driveway, forcing the claimant to finally cooperate.
July 2, 2024
Auto
Fraud
Insurance Industry
Litigation

Survey Reveals 40% Would Consider Inflating Home Insurance Claims
A survey in Ireland and the UK by Aviva finds four in ten respondents might exaggerate home insurance claims for extra compensation, with a majority supporting stricter penalties for fraud.
July 1, 2024
Fraud
Insurance Industry
Property
Risk Management

Nationwide $2.75 Billion Health Care Fraud Scheme Leads to 193 Charges
Nearly 200 individuals, including 13 from New Jersey, have been charged in a $2.75 billion health care fraud scheme that targeted Medicare, Medicaid, TRICARE, and private insurers.
July 1, 2024
Fraud
Legislation & Regulation
Life & Health
Litigation
New Jersey

Alameda County DA Sues Home Insurance Companies for Underinsuring Homes
The Alameda County District Attorney’s Consumer Justice Bureau has filed a lawsuit against several home insurance carriers in California, including Farmers Insurance Exchange.
June 17, 2024
Fraud
Legislation & Regulation
Litigation
Property
California

Gemini and NY Attorney General Reach $50M Settlement
Gemini has reached a $50 million settlement with the New York Attorney General’s office, resolving allegations of defrauding investors.
June 14, 2024
Fraud
Legislation & Regulation
Litigation
Technology
New York



