Cyber & Fraud

Cyber & FraudEmerging cyber risk offers challenges and new opportunities to brokers and insurers struggling to keep up with the pace and frequency of attacks and finding solutions for clients. On the fraud side, staged accidents and loosely-regulated medical assessment companies have plagued the auto insurance sector in Ontario with millions of dollars in fraudulent claims in recent years.
BC Supreme Court prosecutes fraudsters

BC Supreme Court prosecutes fraudsters

Defendants in stolen vehicle ring ordered to repay ICBC over $344,000.

FSCO cracks down on fraud

FSCO cracks down on fraud

Owen Giddens and Ontario Disability charged with making false or misleading statements to auto insurers.

The Co-operators goes to court

The Co-operators goes to court

The insurer seeks $7 million in damages for fraudulent claims filed by Toronto-area medical clinics.

Top 20 fidelity insurers

Top 20 fidelity insurers

Dependence on technology is creating loss scenarios in the millions, says #3 insurer The Guarantee Company of North America.

Insurance fraud becoming mainstream issue

Insurance fraud becoming mainstream issue

GTA is the staged accident capital of Canada, says IBC.

IBC lauds Ontario’s new anti-fraud regs

IBC lauds Ontario’s new anti-fraud regs

Regulation 194/11 strengthens the insurer’s right to access medical invoices claimed by insured clients.

Top 20 auto insurers

Top 20 auto insurers

Early trends from reforms encouraging, says #4 insurer State Farm Canada.

5 ways to detect staged accidents

5 ways to detect staged accidents

Protect your clients from becoming victims of fraud by informing them about these warning signs.

IBC, IBAO back Ontario Budget

IBC, IBAO back Ontario Budget

Ontario government combats fraud in the 2011 Provincial Budget.

5 tips to fight fraud

5 tips to fight fraud

Staged car accidents and subsequent false claims are on the rise.

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Transcontinental Media G.P.