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 ...

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 ...

Medicare fraud is when a person knowingly submits false information or misuses the Medicare system to achieve personal financial gain or to receive benefits for which they are ineligible. Medicare has ...

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 ...

Insurance fraud costs Washington consumers millions every year, but the state's current laws can let many instances go ...

As the debate on the Hill over the fate of the Affordable Care Act's premium tax credits rages on, a new report highlights the potential fraud risk tied to the subsidies. The Government Accountability ...

A wave of bills passed by the Michigan House of Representatives will look to stiffen the penalties for insurance fraud. Six bills passed by the Michigan House of Representatives will look to combat ...