Fraud
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.
Claims handler jailed for £39 000 fraud
A Welsh insurance claims handler was jailed for 17 months on Friday 2 August 2013 after stealing £39 000 from his employer to settle pay-day loans and drug debts.
Whiplash claims doctor suspended for 12 months
The Yorkshire doctor who assisted motorists in making bogus whiplash claims has been suspended from practice for 12 months effective immediately.
Whiplash claims doctor found unfit to practice
The Yorkshire doctor accused of assisting motorists in making bogus whiplash claims has been found unfit to practice by a medical disciplinary panel.
Fraud unit defends insurers following whiplash report
Hill Dickinson Fraud Unit has defended insurers following the publication of the Transport Select Committee’s whiplash report saying it is unfair to criticise them for paying potentially fraudulent claims due to a lack of medical evidence.
Interview: Biba's Steve White: Bold beginnings
From ‘shouting’ at the regulator to outlining a new segmentation strategy, new Biba chief executive Steve White has already ruffled more than a few feathers in his first 100 days in the hot seat. He tells Post he’s started as he means to go on...
Insurers to start using IFR in coming months says ABI
The first insurers to sign up to the Insurance Fraud Register will begin using it in the next few months, the Association of British Insurers said today.
Yorkshire doctor in hearing over bogus whiplash claims
A Yorkshire doctor is appearing before a Medical Practitioners Tribunal Service disciplinary panel this week after assisting motorists in making bogus whiplash claims.
Fraud could drop by £100m by asking for honesty
Asking insurance customers to be honest could help reduce fraud by £100m, according to a research by Consumer Intelligence.
Open GI and Experian launch fraud-check service
Software provider Open GI and information services firm Experian have launched a service to help brokers and insurers combat fraud.
Allianz warns on undetected fraud
The insurance industry should take the fight against fraud to other business lines in order to tackle undetected fraud, Allianz has warned.
Fraud costs the industry £1.1bn a year
Fraudulent insurance claims uncovered by insurers have topped £1.1bn a year as the industry’s clampdown on insurance cheats intensifies, according to a figures by the Association of British Insurers.
Keoghs increases fraud savings by 26%
Counter-fraud legal services provider Keoghs said today it helped insurers avoid paying £156m on suspected fraudulent claims in its last financial year – a 26% increase on 2012.