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24 September 2020

Device Reputation Aids UK Insurer in Busting Crash for Cash Scheme

As insurance fraud continues to evolve more aspects of the crime involve digital technology. In the UK, where a considerable amount...

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24 September 2020

MEDTRONIC TO PAY $4.41 MILLION TO RESOLVE ALLEGATIONS THAT IT UNLAWFULLY SOLD MEDICAL DEVICES MANUFACTURED OVERSEAS

United States Attorney Andrew M. Luger today announced that Medtronic, plc and affiliated Medtronic companies, Medtronic, Inc., Medtronic USA, Inc., and...

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24 September 2020

Predictive analysis saved Medicare $210M in 2012-13; more savings predicted

Predictive analytics used by CMS prevented more than $210 in healthcare fraud in just one year. The use of predictive analytics...

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24 September 2020

Can You Stop Medical ID Theft After the Anthem Breach?

Anthem, the second-largest health insurer in the U.S., was hit by a major data breach last week. The news broke Feb....

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24 September 2020

CNA using advanced analytics to better detect suspect claims

Fraud is a major problem for insurers and the general public alike. The National Insurance Crime Bureau contends that 10 percent...

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24 September 2020

Brits launch new system to better detect auto point-of-sale fraud

A new system to prevent motor insurance fraud has been launched. Called MyLicence, the system involves a partnership between the Motor...

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24 September 2020

More insurers using technology to detect application fraud

When it comes to fraud, the insurance industry has traditionally focused most of its attention on claims, using analytics, predictive modeling...

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24 September 2020

November 18, 2014 – Webinar on insurance fraud technology

Big data is proving to be both a blessing and a challenge to insurance companies in their battle against fraud. Access...

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24 September 2020

Anti-fraud tech grows as insurers see more return on investment

Technology is a propulsive force essential to combating fraud against America’s cornerstone industries, from credit cards to banking to investments and...

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24 September 2020

Anti-fraud tech playing growing role with insurers’ anti-fraud programs

Insurer use of anti-fraud technology is rising, more insurers see a positive ROI and they increasingly rely on technology to counter...

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