New tactics—from AI-altered damage photos to coordinated repair scams—are making fraud harder to detect and more costly for everyday drivers and homeowners.
LOS ANGELES, March 24, 2026 /PRNewswire/ — Insurance fraud is no longer limited to staged accidents or exaggerated claims—it’s becoming faster, more sophisticated, and increasingly digital. As fraud schemes evolve, Mercury Insurance (NYSE/NYSE Texas: MCY) is helping consumers understand how these scams work, how they can unknowingly get caught up in them, and what steps to take to protect themselves.
Insurance fraud costs Americans billions each year. According to the Federal Bureau of Investigation, non-health insurance fraud exceeds $40 billion annually, adding an estimated $400 to $700 per year to the average family’s premiums. The Coalition Against Insurance Fraud estimates total insurance fraud across all sectors can reach…
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