Generative AI Revolutionizes Claims Processing in Insurance Industry
Generative AI is transforming insurance claims handling, reducing costs and improving efficiency through workflow automation and risk assessment.
April 9, 2024
Fraud
Insurance Industry
Risk Management
Technology
Connecticut Prize Insurance Operator Faces Fraud Charges
A Connecticut operator of a prize insurance business is charged with defrauding dozens, resulting in nearly $1 million in losses for charitable organizations and individuals.
April 8, 2024
Fraud
Insurance Industry
Liability
Connecticut
Maryland Insurance Professional Sentenced for Major Theft from Title Company
A former insurance producer in Maryland pleads guilty to a significant theft scheme, resulting in a year of incarceration and restitution orders.
April 8, 2024
Fraud
Insurance Industry
Legislation & Regulation
Property
District Of Columbia
Maryland
Virginia
NYACT Rolls Out Comprehensive 2024 Training Schedule to Combat Insurance Fraud and Vehicle Crime
NYACT partners with major agencies to equip insurance and law enforcement professionals with the latest in fraud-fighting techniques for 2024.
April 5, 2024
Auto
Education & Training
Fraud
Insurance Industry
New York
New York City Construction Worker Implicated in Fraudulent Workers’ Comp Claim
A construction worker in Queens becomes an unwitting participant in a workers’ compensation fraud scheme, spotlighting a wider issue in New York.
April 3, 2024
Fraud
Legislation & Regulation
Workers' Compensation
New York
Over $300K Auto Insurance Fraud Scheme Exposed in Central Pennsylvania
A sophisticated insurance fraud operation in Cumberland County, PA, involving fake auto repair shops, has been dismantled, uncovering over $300,000 in fraudulent claims.
April 3, 2024
Auto
Fraud
Legislation & Regulation
Technology
Pennsylvania
Elaborate Insurance Fraud Scheme Exposed by Video in Miami-Dade
Surveillance footage reveals a staged car crash in Miami-Dade, leading to charges of insurance fraud against three individuals.
April 3, 2024
Auto
Fraud
Legislation & Regulation
Technology
Florida
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
