Fraud
North-west remains hotbed of UK 'cash for crash' fraud
The North-west is still the 'cash for crash' centre of the UK, despite Birmingham retaining its place at the top Insurance Fraud Bureau's regional hotspot league table.
Three new entries in IFB ‘cash for crash’ tables
Sheffield, Leicester and Warrington have been named as new entries in the Insurance Fraud Bureau’s top 20 regional hotspots for 'cash for crash' activites.
Postbox: Discovering the intentions of customers
As the Actuarial Party's recent report states, claims management companies are driving some people to claim.
Rok looks for new FD in wake of £3m loss
Rok has recorded a pre-tax loss of £3m for the first half of 2010, following the suspension of its finance director for failings in the control of its plumbing, heating and electrical business.
FSA crackdown: whistleblower helps ban unauthorised broker
A whistleblower has helped ban an unauthorised insurance broker from performing any regulated role in financial services, after he was caught using client money to fund a new broking business.
Cyber risks: Something in the air
The controversial Digital Economy Act has threatened the provision of free wireless internet access from the hospitality and retail industry. Mark Wilcox examines the risks faced by those that continue to provide the service.
IFB welcomes landmark fraud convictions
Two brothers behind one of the UK’s biggest 'crash for cash' scams have been convicted.
Postscript - 30 years ago: Warrants issued over oil fraud
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 30 years ago reveals.
Controlling claims costs: The spirit of co-operation
With higher settlements and as claims costs rise, Bob Rabbitts praises insurers, claimant and defendant lawyers, and rehabilitation providers, for putting their differences aside to work together to provide consensus.
Time to go back to basics on claims
How refreshing to see Adrian Brown, RSA UK CEO, openly express the view that insurers should actively seek to identify, recognise and pay claims that could properly fall under employers' liability policies issued, however long ago.
First significant household fraud conviction
The imprisonment of two men for trying to defraud insurance companies for household claims worth more than £100 000 has been described as the industry's first significant conviction for household fraud.
IFB joins forces with City Police as Cheatline calls reach all time high
The Insurance Fraud Bureau is to support City of London Police with 'Wise Up', a three week fraud awareness campaign which begins on 18 August.
Former Lloyd's broker sentenced to 3½ year jail term in fraud case
A former Besso broker has been jailed for three-and-a-half years after siphoning close to £1m of client money, according to reports.
Editor's comment: Can NIG win back trust?
The news of NIG's proposed withdrawal from the personal lines market has caused considerable discussion this week both on the Post website and in the magazine.
Allianz claims industry first with dedicated liability fraud team
Allianz Insurance is on course to make casualty insurance fraud savings of more than £10m, after setting up a specialist fraud team.
Insurers signal motor rate rises are coming
More insurers are expected to take a close look at their personal lines motor book, following the news that loss-making NIG has drawn up a proposal to exit the business.
AA falls foul of premium rate telephone scammers
AA Insurance has warned other firms to check their telephone records after falling foul of a premium rate call scam.
IFB and Police conclude household fraud operation
The Insurance Fraud Bureau and Lancashire Constabulary today concluded 'Operation Flash’ at Preston Crown Court.
Markerstudy fraud investigator joins IFIG board
Markerstudy’s Andrew Davies has been named as a board member of the Insurance Fraud Investigators Group (IFIG).
Italian insurance regulator to act on high motor premiums
The Italian insurance regulator ISVAP has promised that it will take action to reduce the higher than European average motor premiums in the country this year.
Post in print - 29 July 2010
Post reporter Amy Ellis outlines the main news from this week's issue of Post.
Yachts & pleasurecraft - fraud: Making waves
The recession saw fraud in the yacht market rocket after an unprecedented boom-bust in prices. Nick Smith examines the current situation.
EL & PL: Building the wall
As fraudsters seek new areas to commit insurance fraud, Andrew Gillett reports on how the liability market is tackling this growing problem.
News comment - Law Commissions: Raising the stake
Richard Evans examines the Law Commissions' latest proposals for reform of insurance contract law with regards to the issue of fraud.