Insurance industry sees a surge in identity fraud cases

New research reveals that insurance fraud has seen the largest percentage increase of any sector over the past seven years, growing by a staggering 211% since 2017.  Plastic card fraud remains the most common type of identity fraud in 2024, accounting for 39.25% of all cases. Specifically, the communications sector has seen a 114.77% increase in identity […]

US aerospace industry anxious as tariffs loom

US airlines and aerospace manufacturers insist they have no use for tariff protections, warning that the proposed Trump administration levies could eat into the healthy trade surplus the sector has enjoyed for more than 70 years. At the request of President Donald Trump, Commerce Secretary Howard Lutnick’s department launched an investigation on May 1 to […]

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