Effective Fraud Detection: Leveraging Data at Scale
In an era of digital transformation, the insurance industry faces a growing challenge: managing and leveraging the ever-increasing volume of data that can be used to ...
claims fraud News
Florida Home Inspector Used Stock Photos 200 Times, Defrauding Citizens
A Florida home inspector allegedly used the same stock photographs in more than 200 home and wind-mitigation inspections, costing Citizens Property Insurance Corp. more than $88,000, the state ...
Triple-I: Signs of Improvement in Florida Property Insurance Market After Reforms
Fraught with fraud and litigation abuse, the Florida insurance market is finally showing signs of stabilization amid legislative reforms passed in 2022 and 2023, according to a new Triple-I Issues ...
Opposing Stories from Insurers, Consumer Groups On Smoke Damage
Insurers and consumer advocates are conveying conflicting messages as both try to focus public attention on smoke damage claims. Mercury Insurance issued a press release Friday warning that an ...
Lessons Learned From Two Years of Claims Fraud Data
The best perk of working at a global company is talking to customers in various countries about their operational challenges and best practices, and the ability to compare their figures. Let's look ...Research & Trends: Fraud Survey Results
Here at Research & Trends, we love survey results that share the aggregated views of insurers, so that we might offer you the most relevant content possible in response to these insights. This ...
FRISS Adds Online Network Analysis to Its Fraud Detection Arsenal
Insureds looking to commit fraud will no longer be able to simply ask a friend or neighbor to sign as a witness to a claim for car damages, thanks to a new offering from FRISS, a worldwide provider ...