As discussions of cybersecurity and wire and title fraud risks continue to increase, so does the cost of cyber insurance. Per Insurance Insider’s examination of Beazley’s Cyber book, “U.S. cyber ...
The U.S. Federal Trade Commission (FTC) revealed today that Americans lost almost $8.8 billion to various types of scams in 2022, following a significant surge of over 30% more lost to fraud compared ...
The year included plenty of high-profile fraud incidents and trends. COVID-19 fraud cases consistently drove strong traffic to InsuranceNewsNet. Some of the incidents included significant settlements ...
Roy Prayikulam, Senior Vice President, Risk & Fraud Division at Inform, is an internationally active optimization specialist headquartered in Aachen, Germany. He argues that as data is changing - in ...
NORTHBOOK, Ill.--(BUSINESS WIRE)--Taxpayers may get lower refunds this year, but that’s not stopping scammers from trying to steal them. Allstate Identity Protection is reporting a 68% spike in tax ...
Noel Erinjeri, attorney for Shawn Wilmoth, conceded during opening statements to a Macomb County jury Wednesday that ...
A study conducted by PwC in 2022 showed that in the last two years, more than 50% of surveyed companies had experienced some kind of fraud. While the statistics are the highest to be reported in the ...
The first objective of collaboration between regulators and businesses is to enhance existing standards and procedures. Regulators also devote a substantial portion of their efforts to problem-solving ...
PARK RAPIDS, Minn. (Valley News Live) - A Park Rapids man faces felony arson and insurance fraud charges in connection with a September 2022 house fire that investigators say he intentionally set to ...
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