In a joint effort to increase public awareness about insurance fraud, the National Insurance Crime Bureau (NICB), Palos Hill, Ill., and the Chartered Property Casualty Underwriters (CPCU), Malvern, Pa., have launched as a Web site, www.stopinsurancecheats.com, to educate Americans about the $30 billion annual property/casualty fraud problem. The consumer-oriented site features educational and interactive pages that provide an overview of insurance fraud scams in the United States, including information on fraud's cost to consumers, a "name that fraud" glossary, prevention tips, links to related Web sites and details on how the insurance industry fights back.
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Teams should revisit sourcing decisions continuously, rather than treat them as fixed multi-year commitments.
2m ago
Capco -
Competing philosophies are facing off in California's race for insurance commissioner.
1h ago -
Many people in insurance want AI, but they're having a hard time using it effectively in the workplace.
1h ago -
A dangerous assumption persists that existing commercial insurance portfolios will naturally absorb any liabilities arising from algorithmic failures.
1h ago
Founder Shield -
Insurance carriers have always relied on data to understand risk. What has changed dramatically, however, is how that data is used, writes Brian Keller, PhD, vice president of AI and data science for LexisNexis Risk Solutions.
1h ago
LexisNexis Risk Solutions -
Chris Raimondo, EY global and U.S. insurance consulting leader, shared insights with Digital Insurance on how to best approach AI challenges.
July 15




