Insurers in the U.S. lose roughly $308 billion to fraud per year—nearly 25% of the industry’s total value. Within the property and casualty and auto insurance sectors alone, annual fraud losses can ...

Financial authorities have decided to extend the special reporting period for insurance fraud, originally set to end this month, by seven months and expand the scope of reports to include auto ...

NEW YORK (WBNG) - Governor Kathy Hochul is proposing plans to crack down on car insurance fraud across the state. According to Hochul’s office, New Yorkers pay among the highest car insurance rates in ...

More Americans commit insurance fraud than you might think, and many don't even know they're doing it.

Insurance fraud cases are increasing nationwide. But the higher number is likely due to stronger enforcement and better detection rather than just more crime, experts say. The Virginia State Police’s ...