The plea deal ended an embarrassing chapter for the German insurance giant, which agreed to sell the bulk of Allianz Global Investors US to Voya Financial Inc. after the unit was banned for a decade from some fund services in the country.

Synthetic fraud — which combines real and false identifying information — has been a niche variety of identity theft for some time. But recent advancements in artificial intelligence and people's access to it might bring it into the mainstream in a big way.

End-to-end automation remains a long-term goal as banks and insurers focus on point solutions, at least for now.

A new Medicare policy sets out how government auditors will review data on patient illnesses and recover excess payments that aren't justified.

Widespread digitalization creates more opportunities for bad actors to manipulate insurance services.

Is it possible for an insurer to help prevent damages and delays? Yes.

How do you maximize efficiency in the application, quoting, and claims process and not invite new or additional fraudulent activity?

Also: acquisitions by Accenture and Majesco, partnership news.

Digital Insurance spoke with Reagan Pufall, CEO of Omaha National

To gain greater insights into the claims space, SMA has been tracking over 175 P&C claims vendors.

The companies are the latest mortgage businesses to face class action complaints from consumers impacted by the cyberattacks.

The climate crisis is felt acutely in the insurance industry. Here's how the industry is responding.

Strong storms lure fraudsters to Florida and cause carriers to flee Louisiana.

The Coalition Against Insurance Fraud is surveying consumers to find out what they expect their personal data to be used for.

Insurers protecting Florida’s homeowners are going under and it’s not the state’s storms dragging the firms down -- it’s a deluge of lawsuits and fraud.

The pandemic and industry challenges that lie ahead have fast-tracked innovation and a push for much needed modernization in the industry.

Research shows rapid adoption of predictive algorithms and digital identity technology will stem the pandemic-driven fraud deluge. Insurance fraud causes more than $80 billion in losses annually in the U.S. alone, according to the report.

New methods, using artificial intelligence, ease the fraud detection burden and help insurance companies stay one step ahead.

Truepic Inc., which helps companies like banks and insurers fight fraud by verifying images, raised $26 million in a funding round led by Microsoft Corp.’s M12 venture capital arm.