insurance fraud News
Ethics and Insurance Fraud
It has been reported that the federal government's Pandemic Unemployment Assistance (PUA) program has been victimized by fraud. This program was designed to extend unemployment insurance benefits to ...
NICB Makes Homeland Security Vet Glawe Its New CEO
A veteran leader at the U.S. Department of Homeland Security and former FBI officer is joining the National Insurance Crime Bureau as its new president and CEO. NICB hired David Glawe to lead the ...
The Great Hustle: Protecting Insurers From Fraud
Insurance fraud is as old as the insurance industry itself. Efforts to combat fraudulent insurance schemes can be traced back to the Middle Ages, but the menace still persists centuries later. In the ...
Insurers’ Use of Cell Tower Data to Deny Claims Challenged in Court
It took Jaclyn Bentley nearly three years to prove she didn't burn her house down for the insurance money, allegations she and her lawyer say were born of the junk practice of analyzing cellphone ...
Using Graph Analysis to Root Out Complex Fraud Rings
A new form of predictive analytics offers the ability to detect fraud committed by a group or ring in real time. According to Philip Rathle, vice president of products for California-based Neo4j, ...
Disaster Fraud Rampant After Floods, Hurricanes
This year, extensive flooding has already affected parts of Texas and Louisiana. With more rain producing floods forecasted for the southern part of the U.S. this spring, the likelihood of disaster ...
Analytics Offers Edge for Insurers Fighting Organized Insurance Fraud Rings
Insurance fraud is estimated to be an $80 billion a year industry, according to the Coalition Against Insurance Fraud. In order to combat the crime, which is increasingly committed by organized fraud ...
Media Portrayal of Workers Comp Fraud Impacts Real-Life Claims
The depiction of workers compensation fraud in television shows has impacted the public's perception of the crime, said two experts during a session on the subject at the Combined Claims Conference ...