As discussions of cybersecurity and wire and title fraud risks continue to increase, so does the cost of cyber insurance. Per Insurance Insider’s examination of Beazley’s Cyber book, “U.S. cyber ...
The year included plenty of high-profile fraud incidents and trends. COVID-19 fraud cases consistently drove strong traffic to InsuranceNewsNet. Some of the incidents included significant settlements ...
NORTHBOOK, Ill.--(BUSINESS WIRE)--Taxpayers may get lower refunds this year, but that’s not stopping scammers from trying to steal them. Allstate Identity Protection is reporting a 68% spike in tax ...
Roy Prayikulam, Senior Vice President, Risk & Fraud Division at Inform, is an internationally active optimization specialist headquartered in Aachen, Germany. He argues that as data is changing - in ...
Noel Erinjeri, attorney for Shawn Wilmoth, conceded during opening statements to a Macomb County jury Wednesday that ...
A study conducted by PwC in 2022 showed that in the last two years, more than 50% of surveyed companies had experienced some kind of fraud. While the statistics are the highest to be reported in the ...
The first objective of collaboration between regulators and businesses is to enhance existing standards and procedures. Regulators also devote a substantial portion of their efforts to problem-solving ...
Kinil Doshi is a Senior VP at Citibank and a fintech expert in banking compliance and risk management with two decades of experience. In this article, I want to explore AI applications in fraud ...
PARK RAPIDS, Minn. (Valley News Live) - A Park Rapids man faces felony arson and insurance fraud charges in connection with a September 2022 house fire that investigators say he intentionally set to ...
Close to Election Day, the U.S. Postal Service handles mailed ballots differently than other mail, but this procedure isn’t new for the 2024 election. Election experts and a Postal Service ...