Images generated by artificial intelligence are fuelling a new wave of insurance fraud, as customers use them to make false claims for items that never existed. Insurance giant Admiral says it ...

Car insurance fraud is an umbrella term that includes several different types of fraud. It happens when someone deliberately deceives a car insurance company for personal gain. Perpetrators of car ...

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 ...

Advertising disclosure: When you use our links to explore or buy products we may earn a fee, but that in no way affects our editorial independence. Life insurance fraud isn’t always a customer lying ...

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 ...