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Over 100 Amtrak workers linked to $12 million insurance scam
[ad_1] The report detailed how employees in five states – Pennsylvania, Delaware, New Jersey, New York – and Washington, D.C., collaborated with three medical providers who submitted fraudulent or medically unnecessary claims using employee insurance information. In some cases, dependents’ information was also used. [ad_2] Source link
What Is a Percentage Deductible in Insurance?
[ad_1] When protecting your home from unpredictable natural forces, understanding your insurance policy is key—especially when it comes to your deductible in insurance. While most people are familiar with the concept of deductibles, not everyone realizes there are different types. One to pay close attention to—particularly if you live in an area prone to disasters…
Why progress matters more than perfection
[ad_1] In a risk-averse industry, Emmy-winning journalist Molly Grantham proves that the biggest gamble isn’t imperfection—it’s never taking the leap [ad_2] Source link
Health insurers face pressure as medical trends accelerate – AM Best
[ad_1] Affordable Care Act US health insurance plans are required by the Affordable Care Act to provide coverage for 10 “essential health benefits.” These include ambulatory patient services, emergency services, hospitalization, maternity and newborn care, mental health and substance use disorder services, prescription drugs, rehabilitative and habilitative services, laboratory services, preventive and wellness services, and…
Chubb consolidates two divisions in North America
[ad_1] Meanwhile, Ranucci has 17 years of experience in insurance and previously served as head of North America lower middle market and as global chief underwriting officer for small business. He will oversee operations, including profit and loss management, field and home office underwriting, product development, pricing, portfolio management and analytics. [ad_2] Source link
AI vs AI: Firms need to step up their cyber game or risk falling to threat actors
[ad_1] “Using AI to detect fraudulent claims, for example, is no longer a nice to have, it’s a necessity. Because the bad guys are already using it,” Gupta said. “Claims are coming in with AI-crafted documents. Someone can easily create what looks like a legitimate ransomware attack, but all the artifacts are AI-generated. If a…