In a stunning revelation that exposes the underbelly of insurance fraud, GEICO, one of the nation’s leading auto insurers, has launched a federal lawsuit against Live Again Medical Supply Inc. and its owner, Richard Anderson, accusing them of orchestrating a $2.2 million scam targeting New York’s
What does it take to turn a staggering £34 million net loss into a mere £4 million shortfall in just one year, while reshaping an entire industry? In 2024, Zego, a trailblazer in the insurtech space, achieved this remarkable feat, reaching monthly profitability by December and redefining how
Imagine driving down a Michigan highway, confident in your auto insurance coverage, only to face a confusing deductible structure after an accident that leaves you financially strained, a scenario all too common for many policyholders in the state. Unclear rules and overlapping benefits often
Imagine a scenario where diligent drivers, who meticulously maintain their vehicles, suffer a devastating loss due to theft or a write-off, only to find that their insurance payout falls short of covering a fair replacement. This disheartening reality affected over 270,000 motorists in the UK,
As we dive into the complex world of UK fiscal policy and insurance trends, I'm thrilled to speak with Simon Glairy, a renowned expert in insurance and Insurtech, with deep expertise in risk management and AI-driven risk assessment. With years of experience navigating the evolving landscape of
Fixed version: In a heartbreaking legal battle unfolding in Texas, a fatal cement truck accident has sparked a contentious dispute between Progressive County Mutual Insurance Co., a subsidiary of a major insurance provider, and Tycoon Ready Mix LLC. The tragedy, which claimed the life of Luis
