insurance News

U.S. Taxpayers to Pay Capitol Siege Tab as Government Shuns Insurance

U.S. taxpayers will be on the hook for damage from a mob attack on the U.S. Capitol in Washington on Wednesday because the building and grounds are not insured, industry sources said. Supporters of Republican President Donald Trump angry at …

$64K Air Ambulance Tab Shows Limits of Surprise Billing Law

DENVER (AP) — When a doctor told Toni Stammler her 4-week-old son Milo needed urgent surgery because only one of his lungs was functioning, there was barely time to pack a bag _ let alone try to shop around. “In …

Augmented Reality: Revolutionizing the Claims Cycle

This post is part of series sponsored by CoreLogic | Symbility. As technology advances and becomes more available to a wider audience, we tend to analyze how that tech advancement can benefit us, our clients, and our client’s clients. Computers …

How The World’s Most Valuable Resource is Changing Insurance

This post is part of series sponsored by CoreLogic | Symbility. Oil was once the most valuable resource in the world. Today though, some would say that data is. Data is changing the way business is done everywhere, including the …

Fraud News: Fake Fall, Arson, Payroll Misrepresentation

New Jersey Man Fakes Fall for Insurance Money Police have arrested a New Jersey man who they say faked a slip and fall at a business to get insurance money. Prosecutors say the 57-year-old Randolph man was subcontracted to work …

Investigation Solutions Obtains Work Comp Fraud Conviction, Saving Client $150,000

Irvine, CA, January 29, 2019 – Working on behalf of their carrier client, Investigation Solutions, Inc. (ISI) filed a case with the District Attorney, obtaining a conviction of a former employee who filed a fraudulent claim after being terminated. He …

NYC Slip and Fall Scheme Defrauded Businesses, Insurers of More Than $31M

Five New York City men were charged with conspiracy to commit mail and wire fraud in connection with a scheme to obtain fraudulent insurance reimbursement and other compensation for fraudulent slip-and-fall accidents, according to a joint announcement by the United …

Alaska Bill Considers Helping Homeowners Fix Heating Oil Tanks

Alaska lawmakers have begun considering a bill to help homeowners cover the cost of fixing leaking heating oil tanks. Depending on the size of the spill, everything from hiring contractors to buying cleanup supplies and even calling the state to …

Massachusetts Firm Repairs Municipal Mishaps

When a driver gets into a crash on the highway, auto body repair shops can replace fenders and broken windshields. But who steps in when a vehicle strikes a public monument or demolishes a section of guardrail owned by the …

Fraud News: Counterfeit Airbags, Workers’ Comp Premium Scheme

Missouri Man Pleads Guilty to Counterfeit Airbag Scheme A southwestern Missouri man pleaded guilty in federal court Wednesday to a scheme to sell counterfeit automotive airbags and components online. This guilty plea resulted from an investigation by U.S. Immigration and …