State Farm has invested in EMBERPOINT, a wildfire intelligence company developing tools to help firefighters and emergency responders coordinate their response to wildfires. The insurer joins Lockheed Martin, PG&E Corporation, Salesforce and Wells Fargo as investors. The investment will…
This article is a snapshot – content was accurate as of October 2026 (code examples tested against the API as of October 2026). The product evolves actively; specific counts, examples, and detection rules may have changed since publication – see the changelog for the…
Fraud prevention company XTND identified fraud in one in every five insurance claims investigated through its Veritas platform over the past year, helping insurers prevent more than R100 million in payouts, it says. Developed in 2011 as a web-based solution, the Veritas…
If your car is in the garage after an accident, a motor insurance add-on can help pay for getting around while you wait for repairs to be completed. The daily conveyance benefit pays a fixed amount towards travel expenses, but…
Average bodily injury (BI) claim payments increased 7.8% annually between 2017 and 2022, the IRC reports. Medical costs, litigation drive up auto claim severity
Insurance fraud is usually framed in terms of numbers — inflated claims, fraudulent billing, dollars lost. But behind those numbers, there are real victims, and in this case the fraud costs a person their recovery. So how do we stop this?
The process, step by step.
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