Two Ohio asphalt contractors agreed to pay $30 million to settle allegations they submitted falsified testing data on federally funded highway projects.
Losses tied to Venmo, Zelle and Cash App are climbing, pushing underwriters and claims teams to scrutinize controls, coverage limits and internal fraud exposure.
Gallagher Bassett’s 2026 Carrier Perspective report finds social inflation, medical costs, catastrophe losses and AI-driven fraud are compounding severity and workforce pressure for carriers.
Federal prosecutors say the ex-football standout used telemedicine fronts and DME companies to bill Medicare and CHAMPVA for unnecessary orthotic braces, targeting vulnerable seniors.
Heavy investment in insurance AI continues to deliver limited returns as automation accelerates workflows without improving decision quality, explainability, or claims outcomes.
A new statute regulating consumer litigation funding and a key appellate ruling expanding discovery reshape fraud defenses and transparency in New York claims.
Frozen pipes, kitchen fires, icy walkways, and parking lot crashes make winter the busiest season for property and auto insurance claims. Here’s how adjusters can prepare.
A California officer faked a disabling injury while collecting benefits, only to be caught performing manual labor on his property. The case underscores the vigilance required in high-risk workers’ comp claims.