Farmers Insurance lost its fraud case against Texas medical providers – not on the merits, but because it waited too long to ...

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 ...

“In Carteret we held that claims under the Fraud Act and related tort or statutory claims, including complex fraud and kickback claims, are not subject to PIP arbitration,” the appellate division ...

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 ...

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 ...