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Federal authorities have arrested Zhan Petrosyants, accusing him of running a massive no-fault auto insurance fraud ring that funneled tens of millions of dollars through fake medical claims and money laundering.
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Catastrophes, resilience, automation, digital transformation, personalized claims experiences, evolving talent strategies, and operational flexibility—these are just some of the powerful forces already shaping this still-young year. Together, they’re redefining how the claims industry works and setting the stage for changes that demand attention.
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The U.S. auto industry is wrestling with a stubborn affordability crisis—one that could push more Americans toward the used-car lot while leaving automakers exposed to a growing wave of lower-priced competitors.
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On Thursday, Ford Motor Company announced a sweeping recall of 4.3 million pickup trucks and SUVs across the United States after discovering a troubling software glitch.
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A shocking new report claims that dozens of President Joe Biden’s executive actions ‘cannot all be deemed his own.’ According to insiders, his closest aides went to extraordinary lengths to prop up the 46th president as he faced serious physical and cognitive challenges in office.
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China’s massive electric-vehicle insurance market is reeling, with losses mounting as insurers’ risk models struggle to keep pace with shifting vehicle economics and changing driver habits.
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A Michigan legislator has introduced a bill requiring auto insurers to reduce premiums by at least 10% on all new and renewed policies — a move the American Property Casualty Insurance Association (APCIA) warns could destabilize the state's insurance market.
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In recent weeks, insurance fraud investigators across states from North Carolina to Florida have been active, leading to the arrests of firefighters, suspected auto-crash scammers, and a man who allegedly filed a false claim after his car fatally struck a pedestrian.