They found that, in 2024, the Centers for Medicare & Medicaid Services (CMS) paid subsidies for all four of their fake ...

Insurance fraud is more common than scams in other fields, and its prevalence is growing, a new report from fraud detection company Pindrop found. After analyzing more than 1.2 billion customer calls ...

Traditional techniques for identifying and countering GenAI-enabled vehicle insurance fraud are notably limited, especially ...

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 ...

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 ...

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 ...

The National Council of Insurance Legislators (NCOIL) has adopted Louisiana's amended insurance fraud law as a new national ...

Cyber insurance is starting to show up everywhere—from bank add-ons to health policy riders. It can help, but only if you ...

ROCHESTER, N.Y. — The NYS Department of Motor Vehicles is warning drivers about a rise in staged crashes, when scammers intentionally cause a crash to collect on fraudulent insurance claims. According ...

A Cave City farmer was sentenced to more than four years in federal prison for his role in a massive crop insurance fraud scheme that cost insurers nearly $10 million.

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