In 2023, traditional identity fraud cost banks, credit unions and financial institutions $23 billion, an increase of 13% from the year prior. New account fraud and account takeover fraud accounted for ...
Who’s committing insurance fraud? I’m not talking about you, right? You’re an honest person. You pay your premiums dutifully, on time and for years and years without fail. And fraud is a big, ugly ...
COLUMBIA, S.C. (WSPA) – Insurance fraud is happening every day across South Carolina. State law enforcement and insurance companies have noticed that criminals are now staging fake medical claims and ...
Insurance fraud is a systemic problem that costs billions of dollars every year and impacts regulators, insurers, and consumers. It is not merely a passing fad. Rich Gibson, the American Academy of ...
OAKLAND — A former insurance executive pleaded guilty Friday to conspiring to commit insurance fraud through an insurance company he founded in Livermore, resulting in more than $20 million in losses ...
STRONGER IMMIGRATION LAWS. WELL, THE STATE IS SPENDING NEARLY A HALF MILLION DOLLARS OF YOUR MONEY INVESTIGATING WHAT THEY CALL POTENTIAL IRREGULARITIES IN NEW MEXICO’S INSURANCE FRAUD FUND. AND ...
A father and son from the South Bay have been charged with fraud and theft after an alleged years-long life-insurance scheme that netted them and three others $1.4 million in ill-gotten commissions. A ...
Scott Nyerges is a former senior editor and content strategist at U.S. News & World Report, where he led coverage of car insurance and other personal insurance lines. He's also served as a managing ...
A new “rapid response” effort to prevent and prosecute insurance fraud targeting wildfire survivors is now operational, it was announced on Friday. The partnership described by Insurance Commissioner ...
“In Carteret we held that claims under the Fraud Act and related tort or statutory claims, including complex fraud and kickback claims, are not subject to PIP arbitration,” the appellate division ...
The following information was released by the Committee on Ways and Means: President Biden's temporary COVID-era "enhanced" Affordable Care Act (ACA) tax credits have resulted in unprecedented fraud, ...
A Baltimore County jury has found a former insurance agent and financial adviser from Parkville guilty of two counts of insurance fraud and one count of obstruction of justice, according to the ...