
Phishing, Smishing and Vishing -- Oh My! Don’t Leave Your Employees in the Dark
Phishing. Smishing. And vishing. Three ways hackers are targeting employees in an effort to infiltrate companies and gain access to sensitive information.
April 27, 2022
Education & Training
Fraud

North Korean Hacker Group Stole Millions In Cryptocurrency From Gamers
The United States has linked North Korean hackers to the theft of hundreds of millions of dollars’ worth of cryptocurrency tied to the popular online game Axie Infinity, the U.S. Treasury Department said on Thursday.
April 18, 2022
Excess & Surplus Lines
Fraud

Claim Payout Was $22K, But Insurance Fraud Investigation Digs Up Hummer
Behind a barn off a dirt road in Washington County near the Tibbie community, a track hoe began digging and with every scoop of earth it pulled away what had been buried for six years was slowly revealed a white, 2006 Hummer H2.
April 8, 2022
Auto
Fraud
Alabama

Study: Insurers Suspect Rise In Fraudulent Claims Since Start Of Pandemic
Insurance professionals’ suspicions about fraudulent claims have increased during the pandemic as fraudsters have become more creative, according to a recent survey.
April 7, 2022
Fraud

Fighting Insurance Fraud Is Not ‘Gotcha!’
I am not in favor of the same person authoring two blogs in a row. All Coalition members are invited to participate in ‘FraudBlog’ to share their views, insights and opinions. My attendance at a recent major insurance conference banquet though caused me to violate my own rule.
April 5, 2022
Fraud

Louisiana Doctor Pleads Guilty In Comp Kickback Conspiracy Involving Pain Creams
An Alexandria, Louisiana, physician pleaded guilty Tuesday to having conspired to violate three different federal statutes in connection with a kickback scheme to defraud both federal and private workers compensation insurers, according to an announcement by the U.S. Attorney’s office of the Western District of Arkansas.
April 1, 2022
Fraud
Workers' Compensation
Arkansas
Louisiana

Staged Accidents Investigation In New Orleans Nets 32nd Guilty Plea
With her plea of guilty to mail fraud conspiracy, Ishais Price, 41, has become the 32nd defendant to admit criminal responsibility in a scheme to stage 77 vehicle accidents with big trucks and buses in New Orleans, claim injuries, hire crooked lawyers and collect fat settlement checks from insurance companies.
March 29, 2022
Fraud
Louisiana

The Most Common Types Of Insurance Fraud
The country’s insurance industry consists of an estimated 7,000 companies, collecting more than $1 trillion in premiums each year, according to the latest figures from the Federal Bureau of Investigation (FBI). The law enforcement agency adds that because of its sheer size, the sector contributes significantly to the cost of insurance fraud by providing bigger opportunities and financial incentives to those committing illegal acts.
March 29, 2022
Auto
Fraud
Insurance Industry
Workers' Compensation

Fraud, Litigation Push Florida’s Home Insurers Into Insolvency
Insurers protecting Florida’s homeowners are going under. And it’s not the state’s infamous storms dragging the firms down -- it’s a deluge of lawsuits and fraud.
March 24, 2022
Fraud
Litigation
Property
Florida

Peabody Construction Company Owner Sentenced For Tax And Workers’ Compensation Fraud
The former owner of a Peabody construction company was sentenced today in connection with a scheme to defraud the IRS of payroll taxes and to defraud his workers’ compensation insurance carrier by failing to disclose how many workers he employed.
March 24, 2022
Fraud
Workers' Compensation
Massachusetts

Insurance Agency Ordered to Pay $500K to Settle Fraud Allegations Involving Michigan Farmer
An insurance company was ordered to pay half a million dollars in settlement as a resolution for fraud allegations, according to the U.S. Attorney’s Office – Western District of Michigan.
March 10, 2022
Fraud
Insurance Industry
Michigan

Florida Woman Charged with Comp Fraud After Faking Kidnapping
A Florida woman who said she was kidnapped, raped and thrown out of a vehicle last year has now been charged with insurance fraud.
March 10, 2022
Fraud
Workers' Compensation
Florida

Beyond Bad Faith
Look closely … A trend is emerging. While we were all distracted, navigating the ever-shifting terrain of pandemic life, courts and legislatures moved forward with attempts to hinder fraud-fighting.
March 3, 2022
Fraud
Legislation & Regulation
Liability
Litigation

Car Tech is Exposing Tales Spun By Insurance Fraudsters
The story began with a 20-year-old Manitoban saying he’d fallen asleep at the wheel in a newer model Chevy Silverado, veering off the road and crashing into a few parked cars.
February 18, 2022
Auto
Fraud
Technology

Best Practices For Preventing Fraud In The Digital Age
Insurance carriers have witnessed a dramatic increase in consumers’ acceptance of digital activity compared to the pre-pandemic levels of early 2020. We expect these accelerated levels are only going to increase.
January 27, 2022
Fraud
Technology



