Types of Insurance Frauds Committed Against Consumers Consumers who fall victim to these frauds can suffer financial loss, damage to their reputation, and may even face legal consequences. The ...

We all pay for insurance fraud. A 2022 study conducted for the Coalition Against Insurance Fraud concluded that insurance fraud costs Americans $308.6 billion every year. That's $932.63 for every ...

Asia-Pacific reported a 22% year-on-year increase in fraudulent claims in 2023. Insurance fraud worldwide is estimated to surpass $80b yearly, according to CoinLaw’s “Insurance Fraud Statistics 2025: ...

I often talk about how insurance fraud affects your premiums. That’s because according to some estimates insurance fraud adds 20 percent to your insurance bill. What could your family do with an extra ...

OAK BROOK, Ill., Nov. 5, 2025 /PRNewswire/ -- The National Insurance Crime Bureau (NICB), the nation's leading not-for-profit organization dedicated to preventing and combating insurance crime, is ...