TOKYO -- Sompo Japan Insurance hid the full scope of major used-car dealer Bigmotor's alleged fraudulent insurance claims by failing to report instances of potential systemic cheating to the ...

FUKUOKA--Prefectural police have arrested a group of people over some 15 million yen ($111,700) in fraudulent insurance claims made after a series of staged car accidents. Fukuoka prefectural police ...

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 ...

In October, the Insurance Regulatory and Development Authority of India (Irdai) released the Insurance Fraud Monitoring Framework Guidelines 2025, aiming to standardize fraud detection, prevention, ...

A seven-month joint crackdown on insurance fraud, involving both police and financial regulatory bodies, addressed major crimes of public concerns, stabilizing the insurance market, officials said at ...

SAMBHAL: A massive insurance scam involving fraudulent policies, fake documents and even killings carried out to claim insurance money has surfaced in Uttar Pradesh's Sambhal district, with the ...

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Aadhaar-linked identity systems are being increasingly exploited by fraudsters to file bogus insurance claims, prompting a large-scale probe by Uttar Pradesh Police. Criminals are forging Aadhaar ...

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 ...

Matthew is an award-winning journalist, specialising in savings, tax and insurance. Allianz has reported a 10% increase in insurance fraud, with ghost brokers, 'crash for cash' scams and fake theft ...

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 ...

Insurance fraud is becoming more frequent, more sophisticated, and far more costly. In 2023 alone, South African life insurers and investment companies detected 13,074 cases of fraud and dishonesty, a ...