Under this rule, once a policy has been in force for 3 years, the insurer cannot question or reject a claim based on misstatement or non-disclosure ...

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 ...

This first-of-its-kind partnership will shield insurance customers from being misled into long, unnecessarily, and costly legal disputes by third parties.

RICHMOND, Va. (WRIC) — Virginia State Police says more people are hoping to make quick cash from insurance companies by faking crashes and insurance claims. First Sergeant Eric Futrell with Virginia ...

With the April 2026 deadline approaching, insurers are expected to accelerate investments in digital fraud detection systems and cross-industry data sharing platforms as the sector transitions towards ...

Consumers need clearer guidance on payment practices, verification checks and when to walk away from a "too good to be true" quote ...

GEICO takes aim at a Florida physician and five clinics in a $2.89 million alleged PIP fraud scheme.

A raid on a Gurgaon hospital last month led police to unearth the racket, running into the tune of least Rs 1 crore. With ...

Insurance fraud costs Washington consumers millions every year — and under current law, many sophisticated schemes can go unpunished. One example: a driver crashes a car, waits a few days, buys ...

Business email compromise and funds transfer fraud still comprise the majority of cyber insurance claims, data shows ...