Facts + Statistics: Identity theft and cybercrime
June 3, 2024

... 5.39 million reports in 2023, of which 48 percent were for fraud and 19 percent for identity theft. Credit card fraud accounted for 40.2 percent of identify thefts, followed by miscellaneous ...


How legal system abuse drives social inflation
May 28, 2024

... Florida legal system, read our latest article  Legalized Fraud in Florida: Stormy Waters Ahead , guest blog by Matthew Scarfone, ...


What's the difference between cancellation and nonrenewal?
May 22, 2024

... You fail to pay the premium You have committed fraud or made serious misrepresentations on your application. Nonrenewal ... the insurance company's risk considerably, like committing fraud, the premium may rise or you may not have your policy renewed. If ...


What's the difference between cancellation and nonrenewal?
May 22, 2024

... You fail to pay the premium You have committed fraud or made serious misrepresentations on your application. Nonrenewal ... the insurance company's risk considerably, like committing fraud, the premium may rise or you may not have your policy renewed. If ...


Triple-I and NICB Join Up to Help Consumers Fight Contractor Fraud
May 20, 2024

... are marking this week (May 20-24, 2024) as Contractor Fraud Awareness Week (CFAW) to highlight how homeowners can protect ...   “For many homeowners who are victims of contractor fraud, it has either forced delays in rebuilding or has completely halted the ...


Trends and Insights: Attacking Florida’s Property/Casualty Risk Crisis
May 8, 2024

... address legal system abuse and assignment-of-benefits claim fraud in Florida are beginning to help the state’s property/casualty ...


Triple-I: Florida’s Property Insurance Market Improving Due to Legislative Reforms Curbing Legal System Abuse, Fraud
May 8, 2024

... After years of enduring rampant legal system abuse and claim fraud, Florida’s property insurance market is showing signs of improvement as ...


Triple-I: Homeowners Can Combat Post-Disaster Fraud Schemes
May 19, 2023

... Insurance Crime Bureau  (NICB) are marking  Contractor Fraud Awareness Week  (May 22-26, 2023). “Home contractor fraud needs fixing as entirely too many consumers fall victim to shoddy work ...


Legalized Fraud in Florida: Stormy Waters Ahead
May 9, 2023

May 9, 2023 Legalized Fraud in America Legal system abuse is a pervasive problem in the United ... using legal loopholes and sometimes they involve direct fraud. Nonetheless, this behavior can lead to higher costs for insurers and for ...


Michigan’s Auto Insurance Reform Law Reducing Costs, Paper Finds
April 4, 2023

... regulate personal auto insurance rate filings Creating a Fraud Investigation Unit within the Department of Insurance and Financial ... fee schedule, uncontrolled utilization, and substantial fraud and abuse were the principal factors causing Michigan’s high PIP ...