Fraud
London council wins crash-for-cash fraud case after four-year stand-off
Barnet Council has avoided up to £120 000 in fraudulent claims costs after a council worker became suspicious of four motor insurance claims occurring in suspiciously similar circumstances.
Laptops and televisions top the bill for most fraudulently claimed items
Bogus claims for lost, stolen or damaged iPhones have risen by 100 fold over the past two years, according to VFM Services.
Fraudster busted after downloading image to exaggerate paper-cut
A would-be fraudster who suffered a paper-cut while at the gym has been cautioned by the Insurance Fraud Enforcement Department after downloading an online image of a wound to support a £500 claim.
Millionth uninsured vehicle seized by police
The UK's millionth uninsured vehicle is set to be seized this morning by police in the West Midlands.
Open GI boosts protection against credit card fraud
IT solutions provider Open GI has enhanced its card payment solution, CreditLine Plus, to incorporate additional fraud prevention measures to validate card details and verify the cardholder’s billing address.
Stamping out fraud
As insurance fraud losses top £2.1bn - a 23% year-on-year rise - and offer rich pickings for fraudsters, what are the factors behind the figures and how can firms can fight back?
Social media: Facebook is your friend
Social media has allowed insurers to learn more about the risk profiles of their policyholders, but could, and should, this information be used to compile quotes?
Post magazine - 9/16 August 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
DLG claims transformation manager joins First Central fraud team
First Central has appointed former Direct Line Group claims transformation manager Chris Hallett to the role of operations manager at the firm's recently formed counter-fraud services team.
Zurich and Weightmans tackle string of fraudulent personal injury claims
Global insurer Zurich and national law firm Weightmans have teamed up to crack down on the fraudulent claims public authorities have faced in recent months.
Crash for cash masterminds jailed following IFB investigation
Insurance Fraud Bureau director Phil Bird has heralded the "unprecedented" custodial sentences handed down to the masterminds behind one of the UK's biggest 'crash for cash' scams.
Buckley Scott raids Groupama and Cunningham Lindsey for new hires
Loss adjuster Buckley Scott has made a string of appointments at its London and regional offices.
Guernsey may foot the bill for £2.6m payment scam
Guernsey's government may be unable to recover £2.6m after falling victim to a payment fraud, according to the island's deputy chief minister.
Trio jailed after attempting to defraud Havering Council
Three fraudsters who attempted to con Havering Council out of an estimated £100 000 have received combined custodial sentences totalling seven months.
Your say: An ethical duty to tackle fraud
It was curious that two Post articles last week included comments about the potential downside of tackling application fraud.
Legal reform: Uncertainty abounds as Laspo countdown continues
The Legal Aid, Sentencing and Punishment of Offenders Act is set to be implemented in April, but insurers and lawyers are concerned by a lack of detail.
Insurance Fraud Awards 2012 shortlist announced
Post can today reveal the shortlist for the 2012 Insurance Fraud Awards.
Motor premiums rise and fall as competition hots up
Average car insurance premiums for directly sold policies have risen by 8.5% over the past 12 months, while the average premium on policies sold on aggregators has fallen by 3.3% in the same period.
Former broker fined £471 846 for misappropriating premiums
The Financial Services Authority has banned and fined a former commercial insurance broker who used clients' insurance premiums to fund his business.
IFB investigations lead to arrest of trio on suspicion of identity fraud
The Metropolitan Police has arrested three suspected identity fraudsters following investigations carried out by the Insurance Fraud Bureau into the insurance records of 579 possible fraudsters.
Chinese fraud poll
Is insurance fraud as much a problem in China as it is in some parts of Europe?
Your say: Throw out partially false claims
Zurich is to be congratulated on fighting the good fraud fight through the Supreme Court and achieving a successful outcome in the case of Fairclough Homes v Summers, says John Freeman.
Huge opportunities for anti-fraud measures in China, says FICO
Chinese non-life insurer Huatai was hailed as a pioneer this week after it became the first insurer in the region to deploy insurance fraud protection. John Chen, managing director of FICO, which provided the anti-fraud solution, spoke to Insurance…
Application fraud: Slow steps in an industry-wide challenge
Brokers champion the idea of tackling fraud at the application stage, but what are they actually doing about it?