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NYC lawyer ran massive insurance fraud ring staging car accidents to drive up payouts: suit

A Brooklyn-based personal injury attorney allegedly ran a massive scheme that used staged car accidents to drive up insurance payouts, according to a new, bombshell lawsuit — that comes as Gov. Kathy Hochul ramps up her campaign to crack down on such scams. FedEx...

Why insurers aren't cheering CMS' Medicare Advantage increase – Modern Healthcare

CMS estimated using the newer data would reduce payments to insurance companies ... company. Although CMS set aside its proposed risk-adjustment ... Source link

Insurers, brokers adjust as AI exclusions emerge

The commercial insurance industry is seeing the early stages of policy and contract wording updates and revisions relating to the rapidly expanding use of artificial intelligence. The Insurance Services Office last year issued general liability exclusions for AI, while the first notices of affirmative...

Opinion | Who Really Controls Your Health Care?

new video loaded: Who Really Controls Your Health Care?transcriptBacktranscriptWho Really Controls Your Health Care?In the first episode of Times Opinion’s new series “Divided,” a doctor and a former insurance executive confront a central question: Do insurance companies prioritize profit over patient care?OK. Here...

Oregon agency confirms scam targeting Spanish-speaking workers

Tips to avoid holiday theft and scamsHere are some tips to avoid the common holiday scams.Statesman JournalThe Oregon Bureau of Labor and Industries is warning Spanish-speaking workers of a nationwide scam targeting people who filed workers' compensation claims.The Oregon Department of Consumer and...