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 ...
The MarketWatch News Department was not involved in the creation of this content. BOSTON, Jan. 6, 2026 /PRNewswire/ -- CyEx, a leading provider of cyber and data breach response solutions, today ...
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 ...
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) ...
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 ...
An attorney for Allstate told New Jersey Supreme Court justices that if parties being sued for insurance fraud related to personal injury protection (PIP) claims are allowed to arbitrate rather than ...
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 ...
Under this rule, once a policy has been in force for 3 years, the insurer cannot question or reject a claim based on misstatement or non-disclosure ...
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