Tough economic times often call for desperate, and sometimes criminal, measures as arson and theft car insurance fraud claims are on the rise in California. The number of fraudulent arson and theft car insurance claims has increased from 2007 to 2008 as many people are either purposely torching their vehicles and/or reporting them stolen in an effort to cash in on their car insurance and avoid making payments they can no longer afford.
Get the full story...
Twenty people have been arrested for heath insurance fraud after targeting children with cerebral palsy in what is believed to be the largest case of Medi-Cal health insurance fraud in California.
Get the full story...
Sacramento woman isrrested on fraud charges for stealing insurance premium from 13 victims in California.
Get the full story...
IBM is aiming advanced analytics at fraudulent claims in the property and casualty (P&C) insurance industry. According to the National Insurance Crime Bureau, at least 10 percent of all insurance claims are either inflated or outright fraudulent.
Read the full story