UK gang jailed over £30 mn cash smuggling operation to Dubai
Members of a UK criminal gang have been jailed for smuggling almost £30 mn in cash to Dubai through Manchester, Birmingham and Brussels airports
Insurance Fraud
Stay informed with Insurance Fraud News Today from Beinsure, covering insurance fraud news on investigations, court cases, scams, claims fraud, enforcement actions and regulation. Follow fraud trends across auto, property, health, life, cyber and commercial insurance, including staged accidents, false claims, identity theft, organized schemes and digital fraud. Track updates from insurers, regulators, law enforcement, investigators and courts, along with technologies used to detect suspicious activity. Explore major cases, legal changes and industry developments shaping fraud prevention, claims integrity, compliance and insurance risk.
CFTC secures $31 mn judgment in Fundsz crypto fraud case
A Florida federal court ordered two Fundsz promoters to pay more than $31mn in restitution and penalties over a crypto and precious metals fraud scheme
Eskenazi Health data breach exposes Social Security and medical data
Eskenazi Health, an Indianapolis public safety-net health system, reports a phishing-related data breach exposing Social Security and medical information
Roseland $650K data breach settlement offers up to $5K
Roseland Community Hospital agrees to a $650,000 data breach settlement covering 101,354 people, with eligible claims of up to $5,000 due Dec. 31
Pentagon DMDC data breach exposes records of over 3 mn people
Pentagon DMDC data breach exposes data of over 3 mn people, including Social Security numbers and military jobs, after nearly a year of unauthorized access
Delaware insurance agent jailed after stealing $625K from clients
NAIC defended US state insurance regulation after Elizabeth Warren raised concerns over private credit, affiliated investments and insurer solvency
Florida farm manager admits $3.25 mn crop insurance fraud
Florida farm manager Mark Frisbie agreed to plead guilty in a crop insurance fraud case and pay more than $3.25 mn in federal restitution
ShinyHunters claims FBI breach exposed employee and applicant data
ShinyHunters claims it breached FBI systems and stole data on agents and job applicants, as the FBI investigates activity affecting FBIjobs.gov
Former Alabama sheriff’s deputy indicted in $24 mn life insurance fraud case
Federal prosecutors charged a former Alabama deputy and his wife in an alleged identity theft and life insurance fraud scheme involving $24 mn in policies
Insurance AI adoption exposes verification gap, study finds
Insurance AI adoption is moving faster than verification controls as synthetic media raises fraud risks across claims and underwriting, research finds
Former Virginia insurance agent pleads guilty to $164,345 fraud
Former Virginia insurance agent Thomas Hoyt pleaded guilty to wire fraud after diverting about $164,345 in client insurance premiums
Florida man charged in $206,000 vehicle insurance fraud case
Florida officials say Adam Otrok filed 41 fake luxury vehicle insurance applications and stole $44,704 from a $206,000 fraud attempt
Car insurance fraud drives higher driver premiums
Staged crashes, false injury claims and inflated repair bills raise auto insurance costs and slow legitimate claims for drivers
New York expands auto insurance fraud crackdown
New York is widening its campaign against auto insurance fraud after a sharp rise in suspected fraud incidents and rising pressure on vehicle owners
AI insurance fraud cases in the U.S. nearly triple in two years – Oklahoma Insurance Commissioner
AI-generated receipts, photos and documents are driving new insurance fraud risks as Oklahoma warns policyholders and insurers
Allstate wins jury trial right in New Jersey insurance fraud case
New Jersey Supreme Court says Allstate fraud and RICO claims against medical providers belong in court, not PIP arbitration
New Jersey insurance brokers face Consumer Fraud Act liability after Lowe ruling
New Jersey Supreme Court rules insurance brokers, producers and agents face CFA claims tied to insurance sales, marketing and coverage advice
Deepfake hiring insurance fraud and shadow AI use are testing cyber and crime policies
Deepfake hiring fraud and shadow AI use are testing cyber and crime policies as insurers reassess insider risk, verification rules and claims wording
Former NFL wide receiver Alshon Jeffery reaches deal to dismiss insurance fraud charges
Former NFL receiver Alshon Jeffery reached a conditional deal with San Diego prosecutors to dismiss two felony insurance fraud charge
Missouri warns drivers as vehicle theft losses top $8 bn
Missouri DCI urges drivers to prevent vehicle theft and review insurance coverage during Vehicle Theft Prevention Month
New Jersey charges 63 in $8 mn luxury car insurance theft case
New Jersey prosecutors charged 63 people over an alleged $8mn auto theft network shipping stolen luxury vehicles to Ghana and Nigeria
Ex-Texas police chief loses $14,400 insurance fraud appeal
Federal appeals court affirms fraud conviction of former Texas police chief over burned vehicle, false theft report, and insurance payout
Louisiana arrests six in long-running fire and water insurance claim fraud case
Louisiana officials arrested six Ouachita Parish residents over an alleged fire and water damage insurance fraud scheme spanning nearly a decade
Frank Carone associates charged in alleged no-fault insurance fraud case
Federal prosecutors charged three associates of Frank Carone in an alleged no-fault insurance fraud scheme, while Carone said he and his firm were victims too
Special master backs $1.6 bn restitution for Greg Lindberg insurance fraud victims
A court-appointed special master recommended about $1.6 bn in restitution for victims tied to Greg Lindberg’s insurance fraud, narrowing who qualifies for payment
Texas insurance investigator helped trace suspect in $400 mn Medicare fraud case
A Texas insurance investigator and analyst helped identify and track a Russian national accused of filing $400 mn in fake Medicare claims
Deere agrees $99 mn settlement in farm equipment repair case
Deere agreed to a $99 mn settlement over repair access claims and said it will provide digital repair tools for large farm equipment for 10 years
Federal Housing Finance Agency chief accuses Letitia James of false insurance filings
FHFA Director William Pulte sent criminal referrals accusing Letitia James of false statements in insurance filings tied to a Virginia property
Massachusetts insurance brokers plead guilty in $750k fraud scheme
A New Bedford couple pleaded guilty in federal court after prosecutors said they stole more than $750k from insurance clients, lenders, and providers
US vehicle thefts fall 23%, National Insurance Crime Bureau data shows
Vehicle thefts fall to multi-decade lows in the US, with sharp declines across states and cities, NICB reports
Former NBA player Glen Davis released after serving time in insurance fraud case
Former NBA player Glen Davis was released from prison on March 12 after serving 17 months for his role in a fraud scheme involving the NBA Players’ Health and Welfare Benefit Plan
Police officers arrested in U.S. insurance fraud investigations tied to benefits claims
Two officers from the Los Angeles Police Department were arrested Friday on suspicion of unemployment insurance fraud linked to claims
California family accused of staging Porsche crash for $39K in insurance claims
Pasadena trio charged with felony insurance fraud after alleged staged Porsche crash netted $38,932 in claims, say California regulators
Allstate files RICO suits over alleged New York no-fault DME fraud
Allstate filed two federal RICO lawsuits in the US District Court for the Eastern District of New York, alleging coordinated no-fault auto insurance fraud involving durable medical equipment suppliers
Washington Senate advances wildfire grants and insurance fraud overhaul
Lawmakers approve SB 6079 to fund home hardening and SB 6031 to expand felony fraud definitions and enforcement reach
Cargo theft shifts online as insurers warn of rising digital freight fraud
IUMI and TAPA EMEA warn cargo crime is surging worldwide, with digital fraud replacing physical theft as losses reach billions across supply chains
🇺🇸 New York targets auto insurance fraud as premiums near $4,000
New York moves to curb auto insurance costs with fraud crackdowns, payout limits for at-fault drivers, and revived enforcement as premiums run far above the US average
🇳🇵Nepal arrests Everest rescue officials over $20 mn insurance fraud
Nepal detains six rescue agency officials accused of staging helicopter evacuations near Mount Everest to extract nearly $20 mn from global insurers
Florida drops insurance fraud case tied to AOB claims against Tower Hill
Criminal fraud charges against a Florida restoration contractor linked to AOB litigation were dismissed, leaving insurers frustrated as civil suits continue
Virginia State Police warn of surge in staged crashes and auto insurance fraud
Virginia State Police report a sharp rise in fake crashes and insurance claims, with fraud investigations up 72% year over year.
US Judge dismisses CrowdStrike shareholder fraud suit tied to 2024 global outage
A US federal judge dismissed a shareholder lawsuit accusing CrowdStrike of hiding software testing failures ahead of the July 2024 outage, allowing plaintiffs to amend
Florida insurance broker gets 35 months for $134 mn ACA enrollment fraud
A federal judge sentenced a Pembroke Pines insurance broker to nearly three years in prison for a $134mn Affordable Care Act fraud scheme
New Jersey prosecutors charge four over $250k travel insurance fraud
New Jersey prosecutors indicted four people accused of filing fake travel insurance claims tied to trips and medical emergencies that never happened
Aflac to notify 22.7 mn insurance customers after June cyber incident – Case study
Aflac has completed a review of files tied to a June cybersecurity incident and has begun notifying roughly 22.65 mn affected individuals
London dental insurance fraud trio avoid immediate jail
A struck-off dentist and her two children were convicted over a £350k dental insurance fraud in North London but received suspended sentences
US Labor Department sends fraud strike team to Minnesota UI
The US Labor Department will review Minnesota’s Unemployment Insurance program after fraud findings raised concerns over system integrity
Germany blames Russia for Bundestag cyberattack as US breach hits 5.6 mn
Berlin accuses Russia of a cyberattack on parliament during Zelenskyy’s visit, as a US credit firm confirms a breach affecting 5.6 mn people
47% of Texas homeowners insurance claims closed with no payout
Texas insurers closed 47% of homeowners claims without payment in 2024, shifting more repair costs onto property owners as deductibles and denials rise
State Farm sued over PHL policies as buyers insurance claim fraud, gutted payouts
A new class-action suit says State Farm sold PHL-issued life products despite a $2.2bn shortfall that left policyholders with sharply reduced payouts
Hesperia and Adelanto suspects tied to staged rideshare crash and insurance fraud case
Four men face felony convictions after a staged rideshare crash on I-215. A fifth suspect from Adelanto now confronts added charges including pimping and false imprisonment
Whistleblowers accuse Farm Bureau P&C Insurance of fraud concealment and retaliation
Two ex-investigators sue Farm Bureau, alleging fraud cover ups, retaliation, and long running pressure to hide cases from state regulators
Indiana court dismisses Cantor’s $25 mn fidelity bond case over jurisdiction
Indiana’s appeals court tossed Cantor’s $25mn fidelity bond suit, ruling nonresident insurers lacked the minimum contacts required for state jurisdiction
Hiscox ordered to release records in $6.8 mn Dwolla fraud coverage fight
A U.S. court ordered Hiscox to hand over claims and underwriting records in a $6.8mn dispute over Dwolla’s denied computer fraud insurance claim
Allstate sues Texas pain clinics for $1.7 mn insurance fraud scheme
Allstate alleges a Texas pain clinic network inflated $1.7 mn in auto injury bills through fake procedures and unlawful fee-splitting, seeking $5.2 mn in damages
State Farm hit with lawsuit over AI bias, discrimination and unpaid insurance claims
State Farm faces federal lawsuit alleging AI-driven bias, unpaid $372K in claims, and fraudulent damage reporting practices
Berkley Insurance sues IT provider over $1 mn cyber-theft tied to email breach
Berkley Insurance is seeking $1mn from Alliance Systems, alleging failure to notify client PPL of an email breach that led to wire transfer fraud
Canada expands data pooling program that uses AI to detect potential fraud
The Canadian Life and Health Insurance Association (CLHIA) is expanding its data pooling program that uses artificial intelligence to detect potential fraud
CLARA Analytics study shows AI can spot insurance fraud early
A recent study by CLARA Analytics shows that AI tools can flag possible fraud in property and casualty claims just two weeks after filing, much faster than traditional methods
Life insurance broker convicted in $20 mn fraud scheme spanning 30 years
A federal jury convicted life insurance broker James W. Wilson on 13 counts of fraud for orchestrating a $20 mn scam involving at least seven life insurers
Hartford Counselor sentenced to 27 months for $1 mn Medicaid insurance fraud scheme
U.S. District Judge Kari A. Dooley in Bridgeport ordered Epps to pay $1,001,058.43 in restitution to the Connecticut Medicaid program
US employer healthcare costs will rise 9.5% in 2027, taking average annual spending above $19,000 per employee. The forecast extends a run of healthcare cost increases approaching double digits
California health insurance enrollment: learn Covered California deadlines, open enrollment dates, special enrollment options, subsidies and Medi-Cal eligibility
Finding affordable health insurance in California can be overwhelming. You’re faced with dozens of plan options, unfamiliar terms and questions about whether you qualify for subsidies through Covered California
Health insurance is an integral part of employee benefits packages in the United States. However, any employer federally required to provide this compensation could admit that their costs can be burdensome