New FinCEN Director Seeks Efficiencies in AML Wars On the agenda of Jennifer Shasky Calvery – and of interest to the industry – is whether regulation can be lessened for lower-risk customers, products or transactions like, possibly, life insurance....
Survey Finds Insurance Fraud Threat Is Bad, Getting Worse More than half of insurers said they expect to see an increase in the cost of fraud this year. while a measly 3 percent expect to see a decline in what fraud costs their company....
