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The four face up to 10 years in jail if convicted on all charges.
This case serves as a stark reminder of a growing threat: fraudulent claims facilitated by artificial intelligence.
The contractor underreported payroll by nearly $1 million to lower his workers' comp premium.
Workers' compensation and auto theft are the most common fraudulent P&C claims, says CAIF.
Cyberthreat actors are increasingly using AI to perpetuate fraud, the U.S. Treasury Department reports.
The Watch Register calls for one centralized, global database for lost or stolen luxury watches to reunite more owners with their timepieces.
John Oxendine admitted to his role in a health care kickback scheme that netted him hundreds of thousands of dollars.
Insurity released the results of its 2024 AI in Insurance Report, revealing 63% of respondents had a positive AI experience with their insurer.
The FC&S coverage experts review some recent instances of insurance fraud.
Mark McKinney, VP of market intelligence at Gryphon.ai, discusses the impact of recent robocall laws in the U.S.
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