Magazine

​Jewelry may be the quintessential Valentine’s Day gift, but it has also become the darling of would-be fraudsters.

Here are some of the top ways the insurance industry uses technology to fight fraud costing businesses and consumers $308.6 billion a year.

​Independent agents recommend the best solutions to protect their clients. However, they sometimes fail to follow their own advice—particularly when it comes to protecting their agency against financial fraud.

In many cases, agents are the first line of defense against potential fraudsters. What role do independent agents play in preventing insurance fraud? And what are the consequences if they don’t?

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.