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The state insurance commissioner took emergency action to suspend the agent and his business.
AI may be both a source of insurance fraud and a manner in which to detect and prevent it.
Video surveillance revealed a man participating in activities that did not square up with his alleged total disability.
Insurance industry trade groups herald the new law, which allows insurers to waive pre-insurance inspections, noting it was a long time in the making.
A dozen new fraudsters enter the Coalition Against Insurance Fraud's Hall of Shame in 2023.
Victims were left without coverage and one policyholder suffered a $1 million loss during the period.
Many insurance professionals are weathering today's unprecedented market hardening for the first time.
Forbes Advisor ranked the 25 largest comp carriers based on financial strength and level of complaints.
The agent is facing 27 counts including grand theft and forgery for stealing from at least 10 small businesses.
Malicious actors use dark forums to carry out technology-driven crimes such as computer hacking, identity theft, credit card fraud and intellectual property theft.
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