During the pandemic and the years that followed, states that successfully adopted innovative technology to combat fraud saved ...
Financial fraud loss is on the rise. In 2024, 40% of financial institutions saw an increase in fraud-related losses compared to 2023. The cost of fraud loss for financial institutions goes beyond ...
HIGH POINT, N.C., Oct. 10, 2025 /PRNewswire/ -- Advanced Fraud Solutions (AFS), a deposit fraud prevention company providing multi-channel protection for financial institutions, today announced the ...
A groundbreaking CLARA Analytics study on fraud detection in property and casualty insurance claims has revealed that advanced analytical methods can accurately identify potential fraud indicators ...
Insurance fraud is more common than scams in other fields, and its prevalence is growing, a new report from fraud detection company Pindrop found. After analyzing more than 1.2 billion customer calls ...
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Types of Insurance Fraud

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 ...
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 ...
STRONGER IMMIGRATION LAWS. WELL, THE STATE IS SPENDING NEARLY A HALF MILLION DOLLARS OF YOUR MONEY INVESTIGATING WHAT THEY CALL POTENTIAL IRREGULARITIES IN NEW MEXICO’S INSURANCE FRAUD FUND. AND ...
We all pay for insurance fraud. A 2022 study conducted for the Coalition Against Insurance Fraud concluded that insurance fraud costs Americans $308.6 billion every year. That's $932.63 for every ...
WASHINGTON, April 1, 2025 /PRNewswire/ -- LexisNexis® Risk Solutions today announced the addition of Glenn Prager as Executive Director of Government Risk Solutions, reinforcing its commitment to ...