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Health Insurance Fraud Case Resolved by Austin-Based Small Group Business

An Austin-based small group health insurer settles allegations of fraudulent billing practices, emphasizing the need for transparency and ethical standards in health insurance claims.
January 23 Fraud Legislation & Regulation Life & Health Risk Management Alabama Arizona Arkansas Florida Louisiana

California School Board Trustee Indicted for Insurance Fraud and Misuse of Public Funds

A California school board trustee has been indicted for allegedly misusing public funds and filing a false insurance claim. A jury trial is set for March.
January 23 Fraud Insurance Industry Legislation & Regulation Litigation California

Cargo Theft Hits Unprecedented Highs in 2024, with $202K Average Loss Per Incident

Cargo theft incidents surged 27% in 2024, reaching 3,625 reported cases in the U.S. and Canada. California and Texas were hit hardest, with criminals shifting to high-value targets like electronics and copper.
January 23 Fraud Property Risk Management Technology California Georgia New York Texas

AI-Powered Claims Solutions Revolutionizing Desk Adjuster Workflows

Agentic AI is reshaping claims management by automating repetitive tasks, supporting desk adjusters, and addressing challenges like workforce gaps, scalability, and customer satisfaction.
January 21 Catastrophe Education & Training Fraud Technology

Efforts Intensify to Combat Fraud Targeting Wildfire Survivors in Southern California

California authorities, including Insurance Commissioner Ricardo Lara, are addressing rising fraud cases after wildfires, deploying resources to protect survivors and prosecute scammers.
January 21 Catastrophe Fraud Litigation Risk Management California

How AI is Transforming Insurance: Opportunities and Challenges

Artificial intelligence is revolutionizing the insurance industry, enhancing efficiency and accuracy, but its adoption requires overcoming technical, ethical, and regulatory challenges.
January 8 Fraud Insurance Industry Underwriting

Florida Couple Accused of Running $11 Million Insurance Fraud Scheme via Unauthorized Dental Practices

A Florida couple allegedly orchestrated an $11 million insurance fraud scheme through unauthorized dental practices, deceiving patients and insurers to fund a luxury lifestyle.
January 7 Fraud Insurance Industry Legislation & Regulation Risk Management Florida

AI in Claims: The Battle Against Fraud’s High-Tech Evolution

Insurance companies are leveraging AI to combat claims fraud while grappling with criminals using the same tools to exploit vulnerabilities, driving an urgent need for innovation.
December 30, 2024 Fraud Litigation Risk Management Technology

Minnesota Secures $300K Settlement with Florida Firm Over Worker Misclassification

A Florida company, accused of misclassifying Minnesota workers, settles for $300,000 and halts operations in the state, addressing worker misclassification and lost benefits.
December 26, 2024 Fraud Insurance Industry Legislation & Regulation Workers' Compensation Florida Minnesota

Florida Man Accused of Hurricane Irma Insurance Fraud

A man from Coral Springs, Florida, is under investigation for insurance fraud after allegedly filing a false claim for Hurricane Irma damages, with encouragement from their public adjuster.
December 26, 2024 Fraud Insurance Industry Litigation Property Florida

Insurance Company Targets 180 Health Care Providers in $450M Fraud Lawsuit

American Transit Insurance Co. has filed a $450 million lawsuit against over 180 healthcare providers under the RICO Act, alleging no-fault insurance fraud, kickbacks, and overbilling in New York.
December 26, 2024 Fraud Insurance Industry Legislation & Regulation Litigation New York

US Watchdog Targets Major Banks Over Alleged Fraud on Zelle Payment App

The Consumer Financial Protection Bureau has sued JPMorgan Chase, Bank of America, and Wells Fargo, alleging insufficient protections against fraud on the Zelle payment platform, impacting consumers nationwide.
December 20, 2024 Fraud Legislation & Regulation Litigation Technology

How Artificial Intelligence is Transforming Workers’ Compensation

Artificial intelligence is reshaping workers’ compensation by improving fraud detection, streamlining claims processes, and enhancing injury prevention—but ethical implementation is key.
December 19, 2024 Fraud Risk Management Technology Workers' Compensation

CVS Faces Federal Lawsuit Over Alleged Opioid Dispensing Missteps

The DOJ alleges CVS pharmacies knowingly dispensed opioids unsafely, ignoring red flags and understaffing stores, as part of a whistleblower suit under the False Claims Act.
December 19, 2024 Fraud Legislation & Regulation Litigation Risk Management Rhode Island Tennessee Texas

Iowa Roofing Company Barred from Acting as Unlicensed Public Adjuster

Darren Reeves Roofing is ordered to cease unlicensed public adjuster services, including negotiating insurance claims or offering advice on insurance contracts, following a consent order in Iowa.
December 16, 2024 Fraud Insurance Industry Legislation & Regulation Litigation Iowa
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