As drone technology advances, insurance companies leverage these tools for more accurate risk assessment, fraud reduction, and efficiency improvements, marking a significant shift in industry practices.
  March 15   Insurance Thought Leadership Fraud Risk Management Technology Michigan

In a shocking insurance fraud case, a man in Taiwan attempted to claim over $1 million by self-inflicting frostbite, leading to a double amputation.
  March 14   Newsweek Fraud Insurance Industry Life & Health Weird

Over 15,000 Roku users were affected by a data breach, leading to unauthorized subscription purchases and account hijackings from December 2023 to February 2024.
  March 13   PCMag Fraud Insurance Industry Risk Management Technology California Maine

A Sylvan Lake physician has been charged for allegedly filing fraudulent disability claims, resulting in over $300,000 in unwarranted payments.
  March 13   Oakland Press Fraud Insurance Industry Legislation & Regulation Life & Health Michigan

A former funeral home director in Jacksonville pleads not guilty to charges centered around false insurance claims and theft, highlighting the need for stricter oversight.
  March 13   News4Jax Fraud Insurance Industry Legislation & Regulation Life & Health Florida

Nine members of a sophisticated car theft ring in Westchester County, NY, have pleaded guilty, marking a significant victory for law enforcement against organized crime.
  March 13   Patch Auto Fraud Legislation & Regulation Technology New York Pennsylvania

Two Colorado farmers, Patrick Esch and Ed Dean Jagers, settle for $6.5 million after defrauding federal crop insurance programs through rain gauge tampering.
  March 13   Claims Journal Fraud Legislation & Regulation Colorado

New York Inspector General’s office secures guilty pleas in cases of workers’ compensation fraud, recovering over $50,000 in misappropriated funds.
  March 11   Insurance Journal Fraud Legislation & Regulation Workers' Compensation New York

AI in insurance claims processing enhances efficiency, reduces costs, and improves fraud detection, offering a better customer experience and streamlining operations.
  March 11   CLM Fraud Risk Management Technology

A new report forecasts a significant rise in AI and machine learning usage in anti-fraud programs, with a nearly threefold increase anticipated by 2026.
  March 6   CLM Fraud Insurance Industry Technology

The ransomware attack on Change Healthcare has not only disrupted US pharmacies but also sparked a potential $22 million ransom payment, raising concerns across the health care sector.
  March 5   Wired Fraud Life & Health Technology

Over 60% of Americans are unaware of the added household costs due to litigation tactics, highlighting the need for legal system reforms.
  March 5   Risk & Insurance Fraud Insurance Industry Legislation & Regulation Liability

An $820,000 insurance claim was dismissed after evidence emerged of the claimant partaking in a Christmas tree throwing contest, contradicting her injury claims.
  March 4   USA Today Auto Fraud Litigation

A sophisticated insurance fraud scheme in Everett involving over $1 million in false claims leads to multiple indictments, with two suspects still at large.
  February 27   Boston.com Fraud Litigation Risk Management Massachusetts Rhode Island

Bumble Inc. settles for $315,000 and agrees to revise its practices to meet New Jersey’s strict consumer protection and internet dating safety standards.
  February 23   New Jersey Attorney General Fraud Legislation & Regulation Risk Management Technology New Jersey Texas

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