Tag Archives for " insurance fraud "

How Insurers are Using AI to Combat Insurance Fraud

insurance-fraud

Fraud costs a lot. Of the trillion or so premium dollars that insurers collect each year, fraud eats up $40 billion. That’s a significant chunk of change, and the industry doesn’t absorb it alone: the impact of insurance fraud trickles down to consumers too, inflating the cost of coverage by $400 to $700 per family […]

Continue reading