View from the top: Last of the icy conditions?
It's been a hard winter for many — but particularly for insurers. Claims losses have been rising for several years and the recession isn't helping either. CIFAS, the UK fraud prevention service, says that 2009 saw a 55% increase in false insurance claims.
We believe the recession has also increased household claims. Axa has seen the number of theft claims increase in the past 12 to 18 months, and we've also seen a rise in accidental damage which
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