
Weaponized Artificial Intelligence: Deepfakes
As deepfakes quickly advance in terms of sophistication, they can be scarily convincing, as we've seen in some examples. And what's more, they're becoming increasingly popular with cybercriminals, as these technologies become even easier to use.
March 14, 2023
Fraud

Preparing For New Business Email Compromise Attacks
Business email compromise (BEC), also known as 'CEO fraud,' is one of the most expensive forms of cyberattack, yet companies continue to overlook it as a significant and active threat to their bottom lines.
March 13, 2023
Fraud
Risk Management

"Past Posting" Insurance Fraud On the Rise in Ohio
The Ohio Department of Insurance director, Judith L. French, has reported that there is a new trend in Ohio where individuals are committing insurance fraud after auto accidents or property damage.
March 10, 2023
Fraud
Ohio

Texas Law Firm Suspended In Louisiana Federal Court For Hurricane Laura Suits
Houston-based law firm McClenny, Moseley and Associates has been suspended from practice in Louisiana's Western District federal court over its work on Hurricane Laura insurance cases.
March 6, 2023
Fraud
Litigation

Greenwashing: The Effects Of Ecological Virtue Signaling
As the world at large moves towards compliance with environmental, social, and governance (ESG) principles, it is inevitable that some companies will try to 'game the system' to better appeal to their respective industries without incurring the costs associated with such changes.
February 28, 2023
Fraud

Louisiana Insurance Commissioner Issues Cease-And-Desist Order To Law Firm Admittedly Committing Fraud
The Louisiana Department of Insurance (LDI) has found evidence that McClenny, Moseley & Associates (MMA), a Houston-based law firm, engaged in an illegal insurance scheme involving Alabama-based Apex Roofing and Restoration.
February 23, 2023
Fraud
Legislation & Regulation
Louisiana

New Orleans Businessman Conspired With Police Officer On Fraudulent Stolen Art Claim
Fouad Zeton, a restaurateur and former owner of a Lower Garden District mansion that has played host to a slew of New Orleans political fundraising events, is set to plead guilty to a federal wire fraud charge, court records show.
February 23, 2023
Fraud
Louisiana

A Moment Of Truth For Tesla
It's a sign of the times at Tesla that I need to specify which issue is the moment of truth that I refer to in the headline. I'm not talking about the high-profile lawsuit that began last week into whether CEO Elon Musk owes damages to investors who bought stock in 2018 when he tweeted, falsely, that he had "funding secured" to take the company private.
January 24, 2023
Auto
Fraud
Technology

Insurance Fraud Organizations Want Carjacking Tutorials Removed
The National Insurance Crime Bureau (NICB), together with the Coalition Against Insurance Fraud and the International Association of Special Investigation Units, has sent a joint letter to YouTube requesting the social media platform to take down all videos that provide 'how to' tutorials on carjacking Kia and Hyundai automobiles.
January 23, 2023
Auto
Fraud

Arrested: Adjuster Kept Hurricane Ida Claims Payouts
Louisiana State Police arrested an insurance adjuster Thursday on charges of pocketing more than $592,000 that he obtained on behalf of seven Hurricane Ida victims in Orleans, St. Charles, St. John the Baptist and Tangipahoa parishes.
January 13, 2023
Fraud
Property
Louisiana

Fraudsters Convicted In $31M Personal Injury Litigation Scheme
Personal injury attorney, George Constantine, and orthopedic surgeon, Andrew Dowd, were convicted by a Manhattan federal jury on Friday, December 16, for knowingly profiting from a $31 million personal injury litigation scam.
January 5, 2023
Fraud
Litigation
New York

Class Action Lawsuits Set New Billion Dollar Settlement Records In 2022
In 2022, class action lawsuits, which can create crises for companies and organizations, set new records for the amount of settlements in product liability, consumer fraud, antitrust, and other cases. The total value of the settlements exceeded $63 billion.
January 5, 2023
Fraud
Liability
Litigation

The Legal Gymnastics Of Faked Car Accidents
As another year of the COVID-19 pandemic draws to an arduous close, consumers are feeling greater economic pressure in terms of inflation. Consequently, an unforeseen yet unsurprising byproduct has evolved: a fraudulent insurance epidemic, spurred by staged and fraudulent auto accidents.
January 3, 2023
Auto
Fraud

Independent Adjusters In 3 States Accuse Carriers Of Changing Estimates, Fraud
Several adjusters recently told Florida's House Commerce Committee that insurance carriers changed their estimates on damaged houses, which the committee chairman said should be investigated by the state attorney general since that's an accusation of fraud.
December 30, 2022
Fraud
Florida
Texas

How Video Fast-Tracks Underwriting, Claims
A bright spot for small business insurers: Customer trust is on the rise. Fifty percent of small business owners trust their carriers more than they did pre-pandemic. That number jumps to 80% when the business owner has filed a claim
December 9, 2022
Fraud
Property
Technology
Underwriting




