Car insurance fraud costs policyholders up to $700 each year — even if they’ve never been involved in an insurance scam. Policyholders should be aware of common insurance scams run by agents and ...
An aging population combined with increased usage of long-term care insurance means more opportunity for misuse of funds and fraud, waste and abuse. That was the word from Jeff Ferrand, vice president ...
Insurance fraud costs Washington consumers millions every year, but the state's current laws can let many instances go ...
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 ...
Who’s committing insurance fraud? I’m not talking about you, right? You’re an honest person. You pay your premiums dutifully, on time and for years and years without fail. And fraud is a big, ugly ...
COLUMBIA, S.C. (WIS) - A national study found insurance fraud costs Americans more than $300 billion every year. And experts warn everyone’s premiums are going up because of it. A new committee formed ...
New research reveals that insurance fraud has seen the largest percentage increase of any sector over the past seven years, growing by a staggering 211% since 2017. Plastic card fraud remains the most ...
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