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, ...
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 ...
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 ...
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 ...
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 ...
From impersonation and social engineering to leveraging generative AI and large-scale data breaches, insurance fraud has become increasingly organised and technically advanced. Global fraud losses ...
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 ...
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, ...
OAK BROOK, Ill., Nov. 5, 2025 /PRNewswire/ -- The National Insurance Crime Bureau (NICB), the nation's leading not-for-profit organization dedicated to preventing and combating insurance crime, is ...
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 ...
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 ...
SEVEN NEWS, TARGET 7 TOLD YOU HOW THE STATE IS SPENDING NEARLY A HALF $1 MILLION TO INVESTIGATE WHAT THEY CALL IRREGULARITIES IN THE INSURANCE FRAUD FUND, AND THAT COST COULD GROW TO NEARLY A MILLION.