Shift Technology, a provider of artificial intelligence (AI) decision automation and optimization solutions for the global insurance industry, announced that Economical Insurance, a property and casualty insurer in Canada, will deploy Shift Claims Fraud Detection to better spot potentially suspicious claims in its Personal and Commercial Auto and Property lines of business. Economical was looking […]
ACD and Attestiv Collaborate to Bring AI-Photo Analysis to Auto Claims
AutoClaims Direct, Inc., (ACD) and Attestiv, Inc., a leading media authenticity platform announced a joint collaboration to bring photo verification and fraud detection to ACD’s CLARITY technology platform. “Fraud awareness and prevention is critical in the insurance industry and ACD is delighted to work with Attestiv to provide technology tools for our auto insurance clients. […]
Elephant Insurance Selects Shift Technology for Fraud Detection
Shift Technology announced Elephant Insurance selected the company to help improve fraud detection in the P&C insurer’s claims process. According to Elephant, Shift was selected because its artificial intelligence and data science expertise helps improve the detection of fraud earlier in the claims process to avoid issuing payments on fraudulent claims and provides agents with […]
Five Collision Repair Shops Charged with Operating Insurance Fraud Ring in New York State
The District Attorney in Westchester County, New York, Anthony A. Scarpino, Jr., announced the takedown of “Operation Sledgehammer”, an alleged insurance fraud enterprise operating in lower Westchester and the Bronx, following a nearly two-year long investigation. Five registered automotive repair businesses and nine defendants were charged with Enterprise Corruption for defrauding insurance companies by enhancing […]
California Towing Company Owners Alleged Part of Insurance Fraud Scheme
Towing company owners Bandar “Charlie” Albadawi, 57, and Sleiman “Slim” Zeinaty, 59, along with their employee Shelley Blowers, 50, were arrested on multiple felony counts of insurance fraud and filing false documents after allegedly altering tow records to further a client’s false insurance claim. Albadawi and Zeinaty are co-owners of All Desert Towing, a commercial […]
San Antonio Collision Repair Shop Owner Sentenced to Two Years in Jail for Forging Customer Signature on Claim Check
The Texas Department of Insurance San Antonio body shop owner Arturo Martinez was sentenced to two years in state jail on February 27 after an investigation by the Department found he had cashed insurance claim checks without repairing his client’s car. TDI fraud prosecutor Nicole Thornbro says the car was taken to Martinez’s shop after […]
California Collision Repair Shops Charged with Felony Insurance Fraud
Department of Insurance and Contra Costa District Attorney’s office undercover sting results in eight felony charges against four individuals. To crack down on automobile insurance fraud, the California Department of Insurance, Contra Costa County District Attorney’s Office and the National Insurance Crime Bureau (NICB) conducted an undercover sting operation targeting collision repair facilities across Contra […]
North Carolina Attorney General Secures $68,000 Judgment Against Two Charlotte Collision Repair Shops
Judge also bans owner from operating an auto repair business for three years over deceptive trade practices and Motor Vehicle Act violations. North Carolina Attorney General Josh Stein announced Wednesday that his office secured a $68,564.35 consent judgment against the owners of two collision repair facilities in Charlotte, N.C. A judge found Sterling Leonard Gabriel, […]
GEICO Files Federal RICO Lawsuit in California Alleging Glass Shop Fraudulently Inflated Claims
Insurer seeks to recover over $150,000 in alleged fraudulent billing and declaration it doesn’t owe over $50,000 in outstanding claims. Following similar lawsuits in Arizona and Florida, GEICO has filed a federal lawsuit in California alleging an auto glass repair facility submitted fraudulent glass repair bills. GEICO seeks to recover damages alleging violations of the […]
Snapsheet and FRISS partner on Fraud Detection
FRISS announced a partnership with Snapsheet that will enable Snapsheet customers to benefit from seamless fraud detection, built directly into their core system and everyday workflows. “We applaud Snapsheet’s ability to help carriers provide their customers with services at the speed they demand,” noted FRISS CEO and Co-founder Jeroen Morrenhof. “We’ve worked closely for several […]
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