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.
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.
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.
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.
Two Colorado farmers, Patrick Esch and Ed Dean Jagers, settle for $6.5 million after defrauding federal crop insurance programs through rain gauge tampering.
AI in insurance claims processing enhances efficiency, reduces costs, and improves fraud detection, offering a better customer experience and streamlining operations.
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.
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.
An $820,000 insurance claim was dismissed after evidence emerged of the claimant partaking in a Christmas tree throwing contest, contradicting her injury claims.
A sophisticated insurance fraud scheme in Everett involving over $1 million in false claims leads to multiple indictments, with two suspects still at large.
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.