South African life insurers and investment firms prevented fraud and dishonest activity totalling R1.4 billion in 2024, according to the Association for Savings and Investment South Africa (Asisa).

Fraud is a persistent problem for the insurance industry, and it’s one we all pay for. The Coalition Against Insurance Fraud estimates it costs insurers $308.6 billion a year industrywide, leaving ...

New research reveals that insurance fraud has seen the largest percentage increase of any sector over the past seven years, growing by a staggering 211% since 2017. Plastic card fraud remains the most ...

Renowned insurance fraud lawyer Russ Kofman of Lebedin Kofman LLP has published an insightful article that dissects the multi-faceted crime of insurance fraud in New York. With years of experience ...

STRONGER IMMIGRATION LAWS. WELL, THE STATE IS SPENDING NEARLY A HALF MILLION DOLLARS OF YOUR MONEY INVESTIGATING WHAT THEY CALL POTENTIAL IRREGULARITIES IN NEW MEXICO’S INSURANCE FRAUD FUND. AND ...

The monetary amount of court-ordered restitution payments for insurance fraud in Kentucky increased by 800 percent in 2016, according to a recent report from the Kentucky Department of Insurance’s ...

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 ...