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Types of Insurance Fraud

One of the most common forms of premium fraud is in the car insurance industry. A person may provide false information about their driving history, such as claiming to have a better driving record ...
WIS TV

Experts say SC’s disproportionately high insurance fraud rate costs all South Carolinians

COLUMBIA, S.C. (WIS) - A national study found insurance fraud costs Americans more than $300 billion every year. And experts warn everyone’s premiums are going up because of it. A new committee formed ...
Digital Journal

Insurance industry sees a surge in identity fraud cases

New research reveals that insurance fraud has seen the largest percentage increase of any sector over the past seven years, growing by a staggering 211% since 2017. Plastic card fraud remains the most ...
Manufacturing & Logistics IT Magazine

25% drop in e-commerce fraud signals more secure shopping

Online shopping saw good news as fraud fell by 25.41%, dropping from 24,911 cases to 18,581 over the same period. This ...
Digital Journal

Which common purchases cost shoppers $56 million in fraud last year?

When shopping, beware of fraud. — Image by © Tim Sandle. When shopping, beware of fraud. — Image by © Tim Sandle. The most fraud-prone type of purchases come ...