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

GAO report reveals 23 of 24 fake ACA subsidy applications were approved, raising concerns over marketplace plan verification as Senate prepares to vote on subsidy extension.

Kimberly Denise Holloway is charged with forging a deceased person's signature to cash a life insurance surrender check, following an investigation by the South Carolina Department of Insurance.

NCOIL updates anti-insurance fraud model law and readopts Storm Chasers model to strengthen contractor regulations and reduce fraud risks after catastrophes.

Funeral home owner in Texas charged with misappropriation linked to a $10,350 life insurance policy, raising concerns on fiduciary duty and insurance compliance in elderly financial products.

GAO report reveals extensive fraud in Obamacare's COVID subsidy program, prompting calls for health care cost reforms and improved oversight in U.S. insurance policy.

GAO's recent report uncovers persistent fraud vulnerabilities in the federal Marketplace advance premium tax credit program, revealing risks related to SSN misuse, unreconciled credits, and unauthorized enrollment changes.

State Farm is sued over selling PHL insurance products amid a $2.2 billion capital shortfall, raising concerns about insurer solvency and policyholder payouts.

VIN cloning fraud is increasingly impacting Canadian car dealerships and insurers, exposing them to financial losses and reputational risks. Learn how fraud detection tools and regulatory measures aim to combat this growing threat.

Examining claims of fraud in ACA health insurance enrollments reveals regulatory challenges and the need for market vigilance in the U.S. healthcare insurance sector.