AI-backed detection tools contributed to a significant spike in the dollar amount potentially saved from fraud this year, according to the Treasury Department.

As home prices rise, leading to larger transaction amounts, Certifid doubled the amount of wire fraud insurance coverage provided for transfers it vets.

A new survey from Digital Insurance is taking the pulse of insurers when it comes to technology's impact on insurance fraud.

Just as cyberattackers appear to be applying the technology to create identities for fraudulent claims, insurers are beginning to talk about how to deploy it to defend against this threat. Gartner, American Family and the Intentional Futures consultancy describe these developments.

Online information creates new opportunities to identify fraud while fraudsters use technology to challenge claims workflows.

Are deepfakes threatening the insurance industry? Some experts suggest a second layer of verification may be needed to combat altered materials in claims processing.

Globe Life; AAA; and more law and legal news out of Maryland and Florida.

The record drop in Globe Life Inc. this week extended a streak of wins for the short-selling group that released a report against the insurance company.

Utilizing AI tools, fraudsters can generate convincing visual and audio simulations of events that never occurred.

AI can help insurers with faster claims analysis and point investigators to possible fraud.