Major Unemployment Fraud Ring Busted in New Jersey
New Jersey authorities charge 20 individuals in a significant crackdown on unemployment insurance fraud, recouping over $1.1 million.
April 3, 2024
Fraud
Legislation & Regulation
Risk Management
Workers' Compensation
New Jersey
Munchables Crypto Game Recovers After Massive Security Breach on Blast Blockchain
Munchables experiences a significant setback with a security breach, leading to a massive loss of assets, but recovers funds thanks to developer cooperation.
April 3, 2024
Fraud
Risk Management
Technology
Tackling Fraudulent Claims Tactics in Florida’s Insurance Landscape
Florida combats aggressive insurance fraud schemes involving public adjusters and contractors, unveiling deceptive practices in the wake of natural disasters.
April 2, 2024
Fraud
Insurance Industry
Legislation & Regulation
Property
Florida
AT&T Confirms Leak of Data Affecting 73 Million Users on the Dark Web
AT&T launches an investigation into a data breach impacting 73 million users, with Social Security numbers among the leaked information.
April 1, 2024
Fraud
Insurance Industry
Technology
North Carolina Body Shop Owner Faces Insurance Fraud Charges
Following the insurance fraud charges, businesses are urged to adopt stringent safeguards to prevent fraud and protect their operations.
April 1, 2024
Education & Training
Fraud
Insurance Industry
Technology
North Carolina
Man Acting As Adjuster Sentenced for Stealing Over $100K from Homeowners
A Canton man, acting as an insurance adjuster, was sentenced to three years in prison for stealing $108,000 from a couple after their home was destroyed by fire.
March 27, 2024
Fraud
Insurance Industry
Litigation
Property
Georgia
Claims Adjusters Share Their Frustrations in Property Claim Adjustments
Claims adjusters reveal the myriad challenges and frustrations they face during property claim inspections, from uncooperative homeowners to aggressive public adjusters.
March 26, 2024
Fraud
Insurance Industry
Property
Risk Management
California
Florida
Texas
Tribunal Denies Benefits to Motorcyclist for Insurance Fraud Involvement
A motorcyclist’s accident benefits claim was denied by the Ontario LAT, ruling he should have known his insurance obtained through dubious means was not valid.
March 26, 2024
Auto
Fraud
Insurance Industry
Legislation & Regulation
Former Georgia Insurance Commissioner Pleads Guilty to Healthcare Fraud Scheme
John W. Oxendine, former Georgia Insurance Commissioner, admits to conspiracy in a fraudulent medical testing scheme, facing sentencing in July.
March 26, 2024
Fraud
Insurance Industry
Legislation & Regulation
Life & Health
Georgia
AI Revolutionizes Insurance: From On-Demand Coverage to Fighting Fraud
AI is transforming insurance through on-demand policies, embedded coverage, personalized underwriting, and enhanced fraud detection, setting new standards for efficiency and security.
March 26, 2024
Fraud
Technology
Underwriting
Alabama Medical Fraud Scheme Leads to Prison Sentences for Four Individuals
A compounding pharmacy fraud scheme in Alabama involving kickbacks for unnecessary medical services results in prison sentences and hefty restitution orders.
March 25, 2024
Fraud
Legislation & Regulation
Life & Health
Workers' Compensation
Alabama
Nebraska Sheriff Accepts Plea Deal in Insurance Fraud Case
A sheriff in Nebraska pleads no contest to felony charge in insurance fraud case, agrees to surrender law enforcement license without facing jail time.
March 21, 2024
Fraud
Insurance Industry
Legislation & Regulation
Nebraska
Houston Fraud Scheme Uncovered: Over $433,000 in False Insurance Claims
A Houston woman and her accomplice face charges for using stolen identities to file fraudulent insurance claims totaling over $433,000.
March 15, 2024
Auto
Fraud
Litigation
Texas
Massachusetts Couple Charged in Fraud Schemes Targeting Insurance and Federal Loan Programs
A Massachusetts couple faces charges for defrauding workers’ compensation insurers, the SBA, and their mortgage lender, potentially leading to decades in prison.
March 15, 2024
Fraud
Insurance Industry
Litigation
Workers' Compensation
Massachusetts
Drone Technology Revolutionizes Insurance Sector with Enhanced Imaging and Efficiency
As drone technology advances, insurance companies leverage these tools for more accurate risk assessment, fraud reduction, and efficiency improvements, marking a significant shift in industry practices.
March 15, 2024
Fraud
Risk Management
Technology
Michigan
