An internal probe uncovered fraudulent activities committed by current and former employees against some 500 customers.
Prudential Life Insurance Co says that around 100 of its employees and former employees had improperly borrowed from or defrauded clients out of some 3.1 billion yen over the course of more than 30 ...
South African life insurers and investment firms prevented fraud and dishonest activity totalling R1.4 billion in 2024, according to the Association for Savings and Investment South Africa (Asisa).
Kyle Busch and his legal team filed an amended complaint Tuesday with more specific claims of alleged IUL sales fraud by ...
Fraud is a persistent problem for the insurance industry, and it’s one we all pay for. The Coalition Against Insurance Fraud estimates it costs insurers $308.6 billion a year industrywide, leaving ...
A Charlotte man faces 52 felony charges related to fraudulent travel insurance claims. Oscar Rafael Ruiz was arrested on Tuesday and charged with 26 counts of insurance fraud, 21 counts of attempting ...
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