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Expect Automobile Insurance Fraud Schemes During The Pandemic

Expect Automobile Insurance Fraud Schemes During The Pandemic

Some consumers who owe money on vehicle loans during the COVID-19 pandemic may be tempted to make false auto theft claims, an independent adjuster warns.
July 15, 2020 Auto Fraud

Hacking Attacks On Hospitals For Patient Data Increase During Pandemic

Hacking Attacks On Hospitals For Patient Data Increase During Pandemic

On the day before the July 4 holiday weekend, Mount Auburn Hospital's information technology team identified some unusual activity. Alarmed, they quickly took steps to disconnect the Cambridge hospital's computer system from the internet.
July 15, 2020 Excess & Surplus Lines Fraud Technology

Young Man Charged In $200,000 Luxury Car, U-Haul Insurance Fraud Scheme

Young Man Charged In $200,000 Luxury Car, U-Haul Insurance Fraud Scheme

A statewide grand jury has indicted a Holbrook man after prosecutors said he was involved in a scheme of buying luxury cars with fraudulent financing in order to purposely damage them, collecting more than $200,000 of insurance proceeds in the process.
July 14, 2020 Auto Fraud Massachusetts

Man Ordered To Repay $340K In One Of Washington’s Largest Workers’ Comp Scams

Man Ordered To Repay $340K In One Of Washington’s Largest Workers’ Comp Scams

A delivery driver who used his wife's name to try to pull off one of the state's largest workers' compensation fraud cases has been ordered to pay back nearly $340,000.
June 25, 2020 Fraud Workers' Compensation Washington

Insurance Speak: What Makes Fraudsters Tick?

Insurance Speak: What Makes Fraudsters Tick?

Ever wonder what makes a person willing to commit insurance fraud? A new Insurance Speak podcast featuring Michael Skiba, an international expert on economic crime and also known to much of the world as Dr. Fraud, takes us into the mind of a fraudster.
June 17, 2020 Education & Training Fraud

INSIGHT: Fraudulent Transportation Insurance Claims Could Hit $200M

INSIGHT: Fraudulent Transportation Insurance Claims Could Hit $200M

While the insurance industry grapples with the coming influx of Covid-19 litigation, transportation insurers would be wise to use their 2008 playbook for insight into how claims trends will unfold.
June 8, 2020 Excess & Surplus Lines Fraud

Guns, Drugs, Cash Seized In Organized Crime Probe Of Toronto Area Tow Truck Industry

Guns, Drugs, Cash Seized In Organized Crime Probe Of Toronto Area Tow Truck Industry

Four alleged organized criminal organizations that operated as rival tow truck companies involved in a violent battle for territory in the Toronto area have been dismantled, police said Tuesday.
May 27, 2020 Auto Fraud

U.S. Secret Service: Massive Fraud Against State Unemployment Insurance Programs

U.S. Secret Service: Massive Fraud Against State Unemployment Insurance Programs

A well-organized Nigerian crime ring is exploiting the COVID-19 crisis by committing large-scale fraud against multiple state unemployment insurance programs, with potential losses in the hundreds of millions of dollars, according to a new alert issued by the U.S. Secret Service.
May 21, 2020 Fraud Life & Health

Closing The Door On Pain Management Abuse: Taking A Closer Look At Opioids, Compounds, And Injections In Auto Accident Claims

Closing The Door On Pain Management Abuse: Taking A Closer Look At Opioids, Compounds, And Injections In Auto Accident Claims

The inclusion of pain-management specialists in multi-disciplinary clinics over the last several years in the no-fault claims industry has grown rapidly. Unfortunately, it has also opened the door to fraud.
May 4, 2020 Fraud Liability

Estimating Claims Remotely? Uncover Potential Fraud In Digital Loss Images

Estimating Claims Remotely? Uncover Potential Fraud In Digital Loss Images

The COVID-19 outbreak has had a tremendous impact on every aspect of life in the United States. Like most companies, the insurance industry has had to drastically alter the way it does business.
April 22, 2020 Auto Fraud Technology

Rise In Searches For ’How To Set Fire’ A Sign Insurance Fraud Beckons As Economy Crashes

Rise In Searches For ’How To Set Fire’ A Sign Insurance Fraud Beckons As Economy Crashes

Internet search queries for "how to set fire" are spiking amid the downturn from the coronavirus pandemic, which experts say is a sign that some people may be planning to commit insurance fraud.
April 8, 2020 Fraud Property

What The Coronavirus Can Teach Us About Fighting Insurance Fraud

What The Coronavirus Can Teach Us About Fighting Insurance Fraud

As the world continues to deal with the fallout from the coronavirus, it occurred to me there may be some analogies that fraud-fighters may draw from this worldwide pandemic to help us better understand our own battle against insurance fraud.
March 16, 2020 Education & Training Fraud

Broker Banned for Committing Insurance Fraud

Broker Banned for Committing Insurance Fraud

A B.C. broker has been banned from holding a licence for five years and fined $5,000 for committing insurance fraud.
March 5, 2020 Fraud

Lawsuits Against Businesses Over Coronavirus Have Begun. More to Come?

Lawsuits Against Businesses Over Coronavirus Have Begun. More to Come?

The coronavirus has upended markets, disrupted supply chains and forced quarantines. It's all fertile ground for lawsuits.
March 5, 2020 Fraud Life & Health

Woman Tripped Up By Her Pattern Of Slip And Fall Claims

Woman Tripped Up By Her Pattern Of Slip And Fall Claims

An Antioch woman has been charged in Contra Costa County with workers’ compensation insurance fraud after authorities said she showed a pattern of slipping and falling while working for different employers.
March 3, 2020 Fraud California
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