Explore the rise of life insurance fraud, its impact on policyholders, and essential tips for safeguarding your insurance.

Life insurance fraud involving forgery Forgery is a particularly insidious form of life insurance fraud, often slipping under the radar due to its deceptive nature. Imagine applying for life insurance ...

Fraud is a persistent problem for the insurance industry, and it’s one we all pay for. The Coalition Against Insurance Fraud estimates it costs insurers $308.6 billion a year industrywide, leaving ...

A Stanly life insurance agent is facing 72 charges in connection with identity theft, fraud, and obtaining property by false pretenses. Channel 9’s Gina Esposito looked into all 72 charges and found ...

This article originally appeared in the Anti-Fraud Alliance email newsletter and is re-published here with permission. Life insurance fraud is the second most expensive type of insurance fraud in the ...

A Charlotte man faces 52 felony charges related to fraudulent travel insurance claims. Oscar Rafael Ruiz was arrested on Tuesday and charged with 26 counts of insurance fraud, 21 counts of attempting ...

NEW YORK (AP) — A New York man was sentenced Wednesday to life in prison for a scheme that involved killing and dismembering a woman after fraudulently taking out a life insurance policy in her name ...

PROVIDENCE— A Massachusetts insurance broker was sentenced to prison in Rhode Island federal court after he admitted he forged clients’ signatures to collect nearly $137,000 in sales commissions for ...

In 2023, traditional identity fraud cost banks, credit unions and financial institutions $23 billion, an increase of 13% from the year prior. New account fraud and account takeover fraud accounted for ...