Types of Insurance Frauds Committed Against Consumers Consumers who fall victim to these frauds can suffer financial loss, damage to their reputation, and may even face legal consequences. The ...

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 ...

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

The New York State Department of Motor Vehicles is cautioning New York drivers to be aware of a rise in staged crashes and car insurance fraud. The DMV is also reminding drivers that the best way to ...

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 ...

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 ...