Why Are Auto Insurance Rates Increasing? 6 Key Factors
Auto insurers price their policies based on a number of factors. Sometimes these cost factors go up, and sometimes they go down
Insurance Fraud
“Insurance Fraud” reviews on Beinsure media covers activities where individuals or entities deceive insurance companies to gain undue benefits. This category explores various fraudulent schemes, including false claims, exaggerated damages, and identity theft. It provides insights into methods used to commit fraud, such as falsifying documents or staging accidents.
The category also examines the impact of these practices on insurance premiums, industry integrity, and legal consequences for perpetrators. It features articles on detection techniques, prevention strategies, and case studies highlighting significant fraud cases. Overall, this category aims to educate readers on recognizing and combating insurance fraud to protect both consumers and the industry.
Global Cyber Crime, Fraud & Ransomware Survey
Insidious form of crime is accelerating and evolving, as acceleration to ecommerce and remote work opened up new avenues of entry for fraudsters
How Voice Could Hold the Key to Preventing Insurance Fraud?
Insurance fraud costs the UK an average of £1.2bn annually. In the last year, fraudulent home insurance claims increased by 45% and according to the 2022 Insurance Fraud
How Technology Can Help to Tackle Insurance Fraud?
The total cost of insurance fraud is estimated to be more than $40 bn per year. That means Insurance Fraud costs the average family between $400 and $700 per year
Marine mutual insurers and P&I Clubs are planning rate hikes for 2025, driven by rising claims and inflation pressures. Marine mutuals are under growing pressure
Hurricane Helene’s recent destruction underscores the rising flood risk impacting local economies and tax bases in the Eastern and Southern United States
Changes to reinsurance-related capital requirements proposed by the Australian Prudential Regulation Authority strengthen Australian general insurers’ credit profiles
European insurers' ratings will remain unaffected by the proposed capital surcharges on fossil fuel-related assets, according to EIOPA