LOS ANGELES Working to prevent fraud and support recovery, the California Department of Insurance released an update on consumer protection actions by its Investigation Division. Charged with ...

Financial fraud loss is on the rise. In 2024, 40% of financial institutions saw an increase in fraud-related losses compared to 2023. The cost of fraud loss for financial institutions goes beyond ...

Merchants Insurance Group (Merchants Mutual Insurance Company), headquartered in Buffalo, New York, has filed a federal civil action under the Racketeer Influenced and Corrupt Organizations Act (RICO) ...

Insurance fraud costs Washington consumers millions every year — and under current law, many sophisticated schemes can go unpunished. One example: a driver crashes a car, waits a few days, buys ...

Exclusive supplemental coverage from Lockton Companies expands upon the PaymentWorks industry-leading indemnification program ...

This report discusses the preliminary results of the GAO’s work on fraud risk management in the advance premium tax credit—a subsidy that the government pays to insurance companies to make premiums ...

A wave of bills passed by the Michigan House of Representatives will look to stiffen the penalties for insurance fraud. Six bills passed by the Michigan House of Representatives will look to combat ...

From online shopping to the use of social media, the Cyber Cover plan from Genikes Insurance offers protection against online ...

Wire transfers using your bank or wire services, like Western Union, PayPal, and Wise, are fast, final, and widely trusted – which is exactly why scammers love them. Over the past few years, I’ve seen ...