claims fraud News

Federal Judge in Louisiana Suspends Texas Law Firm Over Hurricane Claims

A federal judge has suspended a Texas law firm from practice in the western district of Louisiana over ethical questions raised about its handling of hundreds of hurricane insurance claims. In an order dated March 4, District Judge James Cain …

Survey Finds Carriers Turning to Analytics to Fight Growth in Fraud

Insurers believe that fraud in on the rise, and they are increasingly turning to advanced analytics to fight it, according to the results of a survey released Wednesday by the Coalition Against Insurance Fraud. The Coalition said the survey of …

Claims Fraud: A Big Opportunity for Big Data & Analytics

Snapshot: Case Study # 1 Looking to enhance its claims capabilities, a leading auto insurance company decided to adopt Big Data analytics to streamline its subrogation process. Although subrogation is unarguably regarded as the quickest path to payback, it is …