Tag: fraud detection

Growing Trend of Staged Auto Accidents Drives Insurance Fraud Concerns

Growing Trend of Staged Auto Accidents Drives Insurance Fraud Concerns

Increasing staged auto accidents for insurance fraud drive $30B losses annually, raising premiums and exposing systemic risks in U.S. auto insurance.

GAO Finds Significant Fraud Risks in ACA Subsidy Programs

A GAO report reveals extensive fraud risks in ACA marketplace subsidy programs, prompting calls for regulatory reforms to protect taxpayers and improve healthcare affordability.

ALTA Report Highlights Elevated Fraud Risks in Title Insurance for Refinances

A new ALTA report reveals higher fraud and forgery risks in refinance title insurance claims, stressing the need for enhanced title professional vigilance and risk management strategies.

Carpe Data Integrates Injury Fraud Tools with Verisk's ClaimSearch Platform

Carpe Data has integrated its injury claim fraud detection tools into Verisk's ClaimSearch platform, enhancing property/casualty insurers' ability to manage claims efficiently through streamlined data access and advanced fraud analytics.

CLARA Analytics Unveils AI-Driven Early Fraud Detection in P&C Insurance Claims

CLARA Analytics study reveals AI and machine learning enable detection of potential insurance fraud within two weeks of claim filing, improving early intervention in property and casualty claims.

AI-Driven Fraud Detection Set to Transform U.S. Property & Casualty Insurance

Explore how AI-driven fraud detection technologies can reduce billions in fraud losses and transform U.S. property and casualty insurance claims management with regulatory compliance insights.