Some good news on the deepfake front: Computer scientists at the University of California have been able to detect manipulated facial expressions in deepfake videos with higher accuracy than current state-of-the-art methods.
As a fraud investigator prepared to revoke the license of a Lafayette insurance agent and fine her $10,000, there was one final step before taking action: getting approval from Louisiana Insurance Commissioner Jim Donelon.
Heading into a special session to address the state’s troubled property-insurance market, legislative leaders said late Friday they will focus on issues such as roof-damage claims, litigation and reinsurance.
A lawsuit by the insurance company that paid off an allegedly bogus $3.8 million claim by lawyer Alex Murdaugh after the death of his housekeeper cites Murdaugh’s ‘depravity’ and alleges new details of an alleged scheme he cooked up with another lawyer and a banker.
A Clermont County man accused of creating an elaborate scheme to burn down his own house and frame his girlfriend will not face and jail or prison time.
A recent study by IBM and the Ponemon Institute quantifies the rising cost of data breaches as workers moved to remote environments during the coronavirus pandemic. According to the report, an average data breach in 2021 cost $4.24 million – up from $3.86 million in 2020. However, where remote work was a factor in causing the breach, the cost increased by $1.07 million.
Phishing. Smishing. And vishing. Three ways hackers are targeting employees in an effort to infiltrate companies and gain access to sensitive information.
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.
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.
Insurance professionals’ suspicions about fraudulent claims have increased during the pandemic as fraudsters have become more creative, according to a recent survey.
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.
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.
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.
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.
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.
