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FRAUDULENT INSURANCE CLAIMS
Khalid Ahmed Satary and Emylee Thai: What do we know about newly added fugitives to FBI’s 'Most Wanted Fraudsters' list in $6.5 billion healthcare takedown?The FBI has added two international fugitives, Khalid Ahmed Satary and Emylee Thai, to its "Most Wanted Fraudsters" list following a massiv...
What is Criminal Tourism? Durham police arrest 46 suspects under 'Project Jetsetter' since 2019; Majority of suspects from one European nationDurham police have arrested 46 suspects in a crackdown on 'criminal tourism'. Project Jetsetter targets international crime groups committi...
Digital arrest: How India’s fastest-growing scam uses fake investigations and video calls to siphon off croresThey pose as the police, put you under ‘digital arrest’, and tether you to a video call till your savings are gone. How India’s fastest gro...
BSNL ordered to pay over Rs 55 lakh compensation to co-operative bank after duplicate SIM used to access OTPs in Rs 87 lakh fraudKarnataka high court has ordered BSNL to pay more than Rs 55 lakh in compensation and damages to a co-operative bank that lost over Rs 87 l...
Welcome to Trump’s America, where the visa dream is getting harder to keep alivePresident Trump's second term is tightening legal immigration pathways, including student visas and green card applications. New policies r...
Comcast's dirty secret cost them $117 million, you could be owed $10,000; here's how to grab your share by August 14The Comcast $117.5 million settlement has triggered a nationwide rush as millions of Americans now check eligibility for a possible $10,000...
Rajasthan shocker: Four friends burn dead man’s finger, toe to fake insurance claimPolice in Bhilwara have arrested three men for allegedly burning a deceased man's finger and toe. The accused reportedly planned to stage a...
$20,000,000 scam at 30,000 feet: How Mount Everest guides made trekkers sick for hefty insurance gainsNepal's tourism faces a $20 million insurance fraud crisis after trekking guides allegedly poisoned tourists to stage fake medical emergenc...
Fraud is bleeding Rs 10,000 crore from India’s health insurance systemIndia's health insurance sector is losing Rs 8,000-10,000 crore annually due to fraud and waste, as highlighted by a BCG and Medi Assist re...
If you don't have trust in insurance, then what must you do?Insurance has existed since the earliest forms of civilization, with humans and animals alike forming groups to protect and support each ot...
Star Health clashes with Ahmedabad hospitals over 'fraudulent' claimsStar Health and Allied Insurance Company Ltd, the only listed health insurer in India, is facing allegations of fraudulent claims and unjus...
Non-disclosure of other insurance policies not fraudulent concealment: NCDRCNational Consumer Disputes Redressal Commission has upheld that non-disclosure of other insurance policies cannot be considered as fraudule...
CBI busts fraudulent insurance claim racket in West BengalThe Central Bureau of Investigation (CBI) on Thursday busted an alleged fraudulent insurance claims racket here in West Bengal.
Government mulling Aadhaar-linked universal health cover under NHAMUnder its flagship National Health Assurance Mission (NHAM) which will be launched shortly, govt has planned to cover the entire population.
Irda plans advanced detection system to check claim fraudsIn order to reduce the cost of insurance inflicted by fraud, Irda said it is proposing to build advanced detection and prevention systems a...
- Insurers must prove fraud to nix claims: Kerala High Court
The burden of proof for repudiating insurance claims on the ground of misstatement of material facts is upon the insurance companies.
- HC directs CB-CID to investigate false insurance claims
The Madras High Court directed the state crime branch-CID to probe future cases of false and fabricated motor vehicle accident insurance cl...
- Insurers plan database to check fraud claims
Faced with mounting losses as claims exceed premium income, health insurers are looking at setting up a shared database of fraudulent claim...
- Lost your credit card? Just deactivate
If you delay in informing the bank, you may end up with a huge balance. Unless, of course, you have covered the card against fraud.
- General insurance cos look for cover against frauds
General insurers are looking at the possibility of sharing data among themselves to control fraudulent claims.