Technical Knowledge

The pandemic has accelerated the move toward digitalization, bringing with it a rise in digital fraud. Here are four insurance fraud trends to watch out for.

Insurance agents need to be careful and take appropriate steps to avoid errors & omissions claims that allege they failed to offer uninsured/underinsured motorist and umbrella coverage.

The product responds to the financial risk the new California Consumer Privacy Act regulation presents to existing Coalition policyholders and small to mid-sized businesses.

An insured wired $50,000 for a car that didn’t exist. The carrier is denying false pretense coverage under his dealership insurance because the claim is for a car and the dealership is classified as a motorcycle dealership.

Fraudulent vendor invoices are a growing problem.

Do you know how much these crimes cost?

Embezzlements cost hundreds of thousands of dollars.

Small businesses at greatest risk of loss.

Fraudulent vendor invoices a growing problem.

As many as 13% of all U.S. drivers are uninsured, according to the Insurance Research Council. Protect your customers and yourself by offering uninsured/underinsured motorist coverage.