Fraud
Two jailed after £77 000 fake car crash
Two men have been jailed for 12 months after two families created a fictitious car crash in an attempt to claim £77 000.
Four on trial for involvement in ghost broking scam
Four men who were allegedly part of a motor insurance ghost broking scam are on trial in London for either laundering the proceeds or being directly involved in the scam.
Two men admit to laundering proceeds
Two men have pleaded guilty to laundering the proceeds of a nationwide motor insurance scam, which amassed over £5000 000.
Questgates backs CILA fraud qualification call
Specialist loss adjuster Questgates has backed a study from the Chartered Institute of Loss Adjusters which revealed demand for an industry-wide fraud qualification.
Industry making progress on fraud
The insurance industry has made progress with fraud in the past two years but further improvements are still needed, a survey conducted by the Chartered Institute of Loss Adjusters has found.
UK heatwave sparks rise in fraudulent cancellation claims
The summer heatwave has been blamed for a rise in the number of fraudulent cancellation claims by travel insurance policyholders, according counter fraud services provider VFM Services.
Your Say: Working collaboratively makes a difference
I was pleased to see coverage of Operation Percutter in last week’s Post.
Lloyd's supports Ifed with £200k investment
Lloyd’s of London will support the Insurance Fraud Enforcement Department by investing more than £200 000 in the City of London Police unit.
Industry hits back in fraud jail debate as insurers win crash-for-cash cases
Insurers have hailed a recent string of crash-for-cash fraud court victories – where a judge warned the public they risk prison if they participate in insurance fraud – as a victory against criticism of jail sentences for fraudsters.
Ethics: Do the right thing
The insurance industry may need a root and branch overhaul of its approach to ethics. But with claims that companies don’t actually understand the issue, the road to restoring trust is set to be rocky.
Suspended jail time for LV’s Land Rover fraudster
A Solihull man who fraudulently reported his 20-year-old Land Rover stolen and tried to claim £20 000 from LV has been given a suspended jail term.
Vet jailed for £200k fraud
A veterinary surgeon who tried to claim almost £200 000 from three insurers for non-existent pets has been jailed for two years.
Three men plead guilty to ‘crash for cash’ £150k fraud
Three friends from Liverpool have admitted deliberately causing a crash between a coach and a car on a Manchester motorway in a bid to make a fraudulent claim for personal injuries.
Woman pleads guilty to 12 counts of fraud totalling £50k
A woman who submitted 12 identical claims to 11 insurers for cash, electronic and designer items in an attempt to gain £50 000 from bogus insurance claims has pleaded guilty.
IFB slams Howard League fraud proposals
The Insurance Fraud Bureau has condemned a report from the UK’s oldest penal reform charity recommending convicted fraudsters are spared jailed.
APU warns against 'flash-for-crash' scam
The Asset Protection Unit is warning against a new motor insurance scam coined “flash-for-crash” where fraudsters flash their lights to give other drivers the right of way and then crash into them on purpose.
Chinese broker under investigation for huge fraud
It is understood Chen Yi, general manager at Shanghai Fanxin Insurance, has left China for Canada as the broker is investigated for fraud.
Your Say: The few to affect the many
The recent story in Post on the agreement by SOCA to release the names, albeit confidentially, of companies, including insurers, which are alleged to have illegally instructed private investigators, is a worrying development for the reputation of the…
Fraudsters should dodge jail says Howard League
The UK’s oldest penal reform charity has today claimed that prison should be reserved for the most serious crimes, with property offences such as theft and burglary excluded.
View from the Top: Whiplash reform needs green light
With the current dysfunctional system playing into fraudsters’ hands, the government must take action.
UK regulator warns on Axa clone
The Financial Conduct Authority has warned that a firm branding itself as Axa Isle of Man Limited has no ties with the French insurer.
Broker develops motor fraud reduction service
DNA Insurance Services has launched a motor trade tracker service designed to reduce insurance fraud, insurer claims exposure and uninsured vehicles.
Hill Dickinson increases access to fraud intelligence
Hill Dickinson Fraud Unit has boosted its access to fraud intelligence by becoming a member of UK fraud prevention service CIFAS giving it access to the National Fraud Database.
Claims handler sentenced for €45 000 fraud
A Welsh insurance claims handler was jailed for 17 months on Friday after stealing €45 000 from his employer to settle pay-day loans and drug debts.