Insurance fraud costs Washington consumers millions every year — and under current law, many sophisticated schemes can go unpunished. One example: a driver crashes a car, waits a few days, buys ...
Insurers in the U.S. lose roughly $308 billion to fraud per year—nearly 25% of the industry’s total value. Within the property and casualty and auto insurance sectors alone, annual fraud losses can ...
Housing affordability can worsen when fraud increases transaction risk and downstream legal costs. Reported 2024 losses neared $175m, and claims often exceed $143,000, with refinance fraud averaging ...
OLYMPIA, Wash. – A bill to define insurance fraud as a Class B felony passed the Washington Senate in a unanimous vote on Tuesday. The bill, SB 6031, was requested by Washington’s Office of the ...
KENTUCKY (WKYT) - Seven Kentucky farmers have been sentenced in a multi-million dollar crop insurance fraud conspiracy that cost insurers nearly $35 million, according to the U.S. Attorney’s Office.
WICHITA, Kan. (KAKE) - A federal grand jury in Wichita returned an indictment charging a Kansas farmer for filing a crop loss insurance claim and receiving payment after allegedly failing to disclose ...
An alleged insurance fraud ring in New York State has been shut down in its attempts to receive money from insurers after a New York Supreme Court judge issued a summary judgement last month against a ...