Insurance Fraud: Rising Threats and Technological Defenses

Reported about 13 hours ago

Insurance fraud is increasingly threatening the transportation sector, with a surge in frivolous claims targeting trucking companies. Demotech's research reveals the tactics behind these scams, prompting the adoption of technologies like 4Warn to monitor risks and respond swiftly to fraud. Industry leaders stress the importance of collaboration and connectivity between insurers and trucking companies to combat this crisis effectively, emphasizing that rapid reporting and video evidence can deter fraud while streamlining legitimate claims.

Source: YAHOO

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