Social Media Investigations Are a Winning Strategy for Insurers August 17, 2023 By Jim Sams If you’re a plaintiff in an injury lawsuit against your insurer, you might want to ask your wife not to...
Pennsylvaina Auto Body Shop Owner Accused of $426K in False Insurance Claims September 7, 2022 The owner of a Chalfont, Pennsylvania auto body repair shop submitted 289 false insurance claims over several years to four...
Man-Made Crises Threaten P/C Markets, Says Joint Report From Trade Associations August 24, 2022 By Chad Hemenway Several insurance industry trade associations used the 30th anniversary of Hurricane Andrew – a storm that upended and transformed insurance...
Insurtech Startup With Claims Monitoring Platform Raises $30M November 4, 2021 Insurtech startup owl.co Labs Inc. raised $30 million in new venture capital. Many plans are in play to spend the...
Al Specialists omni:us and FRISS Partner to Offer Claims, Fraud Detection Services June 12, 2019 Two artificial intelligence providers — omni:us and FRISS — are teaming up to “supercharge” insurance claims management and fraud detection....
Insurance Fraud Hall of Shame Inducts 9 Scammers December 11, 2018 The Insurance Fraud Hall of Shame has inducted nine new members. The Coalition Against Insurance Fraud, a group of insurance,...
Verisk Analytics Buys UK-Based Emergent Network Intelligence February 28, 2017 Verisk Analytics Inc., the Jersey City, N.J.-based data analytics provider, announced it has acquired Emergent Network Intelligence (ENI), an innovator...
How to Use Social Media, Surveillance to Catch Workers Compensation Lies March 28, 2016 As workers’ compensation fraud costs top out at an estimated $7.2 billion a year, according to the National Insurance Crime...
North Carolina Claims Rep, Wife Accused of Insurance Fraud September 18, 2014 North Carolina insurance officials have accused a Charlotte man of issuing what is described as unauthorized claim checks and funneling...
40 Years Later, North Carolina Policyholder Admits False Claim March 18, 2013 Lingering guilt may have been what moved someone who filed an insurance claim 40 years ago to come clean with...