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 ...
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Young drivers warned about insurance scams that could cost thousands
You’re likely juggling the cost of a first car, higher premiums, and advice from friends […] ...
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 ...
The Empire State has faced an 80 percent increase in suspected motor vehicle insurance fraud since 2020.
Gov. Kathy Hochul on Tuesday unveiled a broad package of proposals aimed at lowering auto insurance costs in New York by targeting fraud, tightening legal standards and limiting certain damage awards.
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