Fraud detection, historically reliant on human analysts, is being revolutionized by big data and advanced analytics, enabling automated and enhanced detection methods.

A Detroit Man was sentenced to 63 months in prison and ordered to pay $512,000 in restitution for committing unemployment fraud during the COVID-19 pandemic.

Join Medicare Fraud Prevention Week to learn and share actions to prevent fraud, errors, and abuse in Medicare. Running from June 3 through June 9, this event is hosted by the Administration for Community Living and the Senior Medicare Patrol (SMP).

Snowflake’s data breach impacts Ticketmaster and numerous organizations, with hackers demanding $500,000 for stolen data.

Authorities in Miami-Dade County charge six individuals with orchestrating a staged crash insurance fraud scheme following an undercover operation in the Miami area.

Donovan Young, Aaron Young, and James Hoffman face up to 20 years in federal prison for their involvement in a wire fraud conspiracy defrauding home improvement stores.

Dennis S. Lepka, Jr. was sentenced to six and a half years in federal prison for orchestrating a fraudulent real estate scheme, targeting vulnerable communities and causing significant financial losses.

Insurance adjusters on Reddit are engaging in a detailed discussion about handling situations where policyholders file new claims for damage to their property that was previously claimed but not repaired.

A Montana plumber was sentenced to five years in prison, suspended for five years of probation, and a 30-day term of house arrest for presenting a falsified insurance certificate.

David Garrett Manion of Lafayette, Tennessee, has been sentenced to 3 years and 6 months in federal prison for defrauding the federal crop insurance program. The scheme, which took place from 2016 to 2022, also resulted in a restitution order of $3.5 million.

Ransomware breaches can devastate insurance providers financially and reputationally. With attacks becoming more sophisticated, it’s crucial for providers to prevent data breaches proactively.

Four men in Miami-Dade County are facing charges for allegedly staging a car accident and submitting fraudulent insurance claims, resulting in payouts totaling over $50,000.

A janitorial company in San Bernardino, California, is under scrutiny as its owners face multiple felony counts for allegedly underreporting over $2.4 million in payroll to evade workers’ compensation premiums and payroll taxes.

Discover how Lemonade’s AI Jim is transforming the insurance claims process with unprecedented speed and accuracy.

Prepare for a spike in cargo thefts this Memorial Day weekend with these essential tips from CargoNet.