Images generated by artificial intelligence are fuelling a new wave of insurance fraud, as customers use them to make false claims for items that never existed. Insurance giant Admiral says it ...

Car insurance fraud is an umbrella term that includes several different types of fraud. It happens when someone deliberately deceives a car insurance company for personal gain. Perpetrators of car ...

According to a 2022 study conducted for the Coalition Against Insurance Fraud, this crime costs Americans $308.6 billion ...

Imagine receiving a phone call reminding you about a doctor's appointment you never scheduled or seeing a charge for medical ...

DALLAS, Nov. 1, 2024 /PRNewswire/ -- Auto insurance fraud is rapidly growing with fraudsters orchestrating staged accidents, exaggerated injury claims, and even deliberate collisions to take advantage ...

Advertising disclosure: When you use our links to explore or buy products we may earn a fee, but that in no way affects our editorial independence. Life insurance fraud isn’t always a customer lying ...

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 ...

Fraud is no longer a peripheral threat; it is an endemic and rapidly evolving challenge for financial institutions. As the digital landscape expands, so do the opportunities for sophisticated ...

"Insurance fraud is a felony. Since ignorance of the law is not a defense, I thought it’d be a good idea to let you know some ...