Boca Raton Dentist Arrested for $157K Insurance Fraud Targeting Major Carriers

A Boca Raton dentist faces multiple felony charges for allegedly fabricating claims to defraud MetLife, Delta Dental, and Aetna of $157,000, according to investigators.
January 28 Fraud Insurance Industry Legislation & Regulation Litigation Florida

New York Secures $1 Billion Judgment Against Predatory Lending Firm

New York Attorney General Letitia James announced a $1.065 billion judgment against Yellowstone Capital for predatory lending, canceling over $534 million in small business debts nationwide.
January 24 Fraud Legislation & Regulation Litigation Risk Management New Jersey New York

New York Unveils Plan to Fix Taxi and Rideshare Insurance Crisis

New York Governor Kathy Hochul has proposed reforms to stabilize the city’s troubled taxi and rideshare insurance market after the collapse of its largest provider, American Transit Insurance Co.
January 24 Auto Fraud Legislation & Regulation Risk Management New York

New York Woman Charged with $130,000 Welfare Fraud and Insurance Scheme

A New York resident allegedly defrauded Medicaid, childcare assistance programs, and her car insurance provider by misrepresenting income and residency over several years.
January 24 Fraud Insurance Industry Legislation & Regulation Risk Management New Jersey New York

Leveling the Playing Field with AI: Tools to Address Algorithmic Bias

Learn how to detect and mitigate bias in AI systems with practical tools and strategies, emphasizing fairness in decision-making for insurance fraud detection and beyond.
January 23 Education & Training Fraud Risk Management Technology

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
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