Insurers in the U.S. lose roughly $308 billion to fraud per year—nearly 25% of the industry’s total value. Within the property and casualty and auto insurance sectors alone, annual fraud losses can ...
Insurance fraud cases are increasing nationwide. But the higher number is likely due to stronger enforcement and better detection rather than just more crime, experts say. The Virginia State Police’s ...
It takes a global effort to help prevent fraud, so it's worth observing International Insurance Fraud Awareness Week. As part of the larger Fraud Awareness Week, this week promotes education about ...
NEW YORK (WBNG) - Governor Kathy Hochul is proposing plans to crack down on car insurance fraud across the state. According to Hochul’s office, New Yorkers pay among the highest car insurance rates in ...
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