Fraud
Fraud
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Lifelike deepfakes are costing carriers money and changing how they identify fraudulent claims and policyholders.
August 25 -
When it comes to disbursements many insurers are still relying on outdated processes.
August 5 -
Catching fraudulent claims has become much more complicated than detecting doctored images. Fraud can be found in correlations of medical treatment data, legal representation and adjuster evaluations, experts said.
August 3 -
Uber sued a group of lawyers, medical providers and rideshare drivers it claims staged car accidents, manufactured damages and received unnecessary medical procedures to take advantage of insurance policies in Florida.
June 11 -
Addressing the risks from increasing cyberattacks requires more than cyber insurance.
June 5 -
The law, set to go into effect later this year, was introduced to prevent potential money laundering in all-cash purchases made by companies or trusts.
May 28 -
Pat Kinsel, CEO and founder of Proof, shares its origin story and what pain points the technology is solving.
April 10 -
Compliance professionals working to prevent financial crimes are losing their faith in AI to solve more problems than it causes.
March 18 -
Social media posts, leaked PII and reused passwords leave executives vulnerable to bad actors.
February 27 -
Members whose districts include Altadena and Pacific Palisades are behind the measure, which calls for an initial 180-day forbearance period.
January 29 -
How deepfakes are impacting the insurance industry and how insurers are stepping up their detective game to combat fraud.
January 2 -
These bad actors thought their criminal activities would provide a big pay day – they were wrong.
December 10 -
Digital Insurance spoke with a cyber insurer's technology expert about how different intrusions, such as deep fake scams, are covered, and the importance of protecting customer data.
December 9 -
Commercial insurance policies for cybersecurity have not yet specifically addressed deep fakes, but insurers are thinking about where it will be included or excluded.
December 1 -
Both businesses and individual users are at risk of identity theft when using social media.
November 26 -
Shane Riedman, president of anti-fraud analytics at Verisk, will help carriers identify what data can be found on social sites and how it can help make underwriting more accurate.
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AI-backed detection tools contributed to a significant spike in the dollar amount potentially saved from fraud this year, according to the Treasury Department.
October 31 -
As home prices rise, leading to larger transaction amounts, Certifid doubled the amount of wire fraud insurance coverage provided for transfers it vets.
September 19 -
A new survey from Digital Insurance is taking the pulse of insurers when it comes to technology's impact on insurance fraud.
September 9 -
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.
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