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The scheme involved illegal control of medical practices, kickbacks for patient referrals and bribes.
Generative AI guides insurers through extreme weather events while maximizing policyholders' customer experience.
The former agent's husband also had his license revoked by the California Department of Insurance.
A recent panel of scam-fighting experts detailed the role agents and brokers play in stopping insurance fraud.
The insurtechs on the publication's Fintech 50 2024 list are each using technology in novel ways in an effort to make insurance more accessible.
The racketeering and extortion charges each carry a maximum sentence of 20 years.
Insurers and their partners face challenges when it comes to integrating AI into business processes, Xceedance reports.
While AI and ML tools garner interest, their adoption for fraud detection has only increased by around 5% since 2019.
A New York-based insurer allegedly has an outsized role in providing coverage to tankers carrying Iranian oil.
The California family filed over 40 bogus auto claims and collected nearly $200k in payouts.
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