Fraud
Courier company owner given suspended jail sentence
The owner of two West Midlands-based courier companies who forged multiple motor fleet and freight liability insurance policies to win business worth more than £700,000 has been sentenced to 16 months in prison, which was suspended for two years.
Mass chair takes swipe at insurers over pre-med offers for whiplash
The perception of whiplash as “easy money” is the fault of certain insurers making pre-medical offers, according to the chair of the Motor Accident Solicitors Society, who has questioned the extent to which claims management companies are fuelling fraud.
QBE's private prosecution sees fraudster jailed
A fraudster has been given a 12 month custodial sentence as a result of a private prosecution launched by QBE.
Editor's Comment: Never say never again
This week, the Economic Minister to the Treasury Harriet Baldwin reportedly accused claims management companies of having gotten “completely out of control”, as the government called for evidence to make good on its summer budget promise of looking into…
Crash for cash fraudster fails to show for sentencing
Police are appealing for information to help trace a crash for cash fraudster who failed to show for sentencing.
Ageas becomes latest insurer to join IFR
Ageas has become the latest insurer to join the Insurance Fraud Register.
Insurance Fraud Awards 2015: Scott Clayton and Aviva among winners
Scott Clayton, claims fraud and investigations manager at Zurich, was cheered to the stage when he won the achievement award at the 2015 Fraud Awards last night.
Video: Tackling the emerging threat of commercial lines fraud
Employers’ and public liability are areas that have increasingly become targets for fraudsters, amid a crackdown on personal lines fraud by the general insurance industry and the regulator.
Editor's Comment: Time to shout louder
With the party conference season in full swing, insurers are hopeful that less government intervention, lower costs of regulation and a halt on the proposed insurance premium tax hike are areas the Conservative government might consider in its latest…
In Series: Liability and Collaboration: No more Mr Nice Guy
After years of running battles, the focus on fraud prevention has moved to the employer’s liability sector, with the industry keener than ever to show it is not a soft touch.
SRA urged by insurers to be tougher on solicitors facilitating fraud
High level talks between the Solicitors Regulation Authority and insurers are being arranged amid criticism of the legal watchdog’s ability and appetite to effectively regulate claimant solicitors suspected to be facilitating fraud.
CIS survey shows 100,000 parents 'fronting' offspring's motor polices
The number of parents currently ‘fronting’ motor insurance for their offspring has hit 100,000, according to research from The Co-operative Insurance.
Ifed targets household fraud in national operation
The Insurance Fraud Enforcement Department has arrested six people and interviewed a further 42 as part of a nationwide clampdown on fraudulent household insurance claims this week.
C-suite - Insurer: Changing the compensation mindset
Insurance fraud continues to be a huge concern for insurers in an environment of fierce competition and falling premiums.
Man handed four-year jail term for £170,000 PPI fraud
A 31-year-old man was jailed for four years at Newport Crown Court on 21 September for defrauding £170,000 from 1500 people through an unauthorised payment protection insurance claim-back scheme.
Fraud Focus – Fraud: the bigger picture
Despite positive steps within insurance to stamp out fraud, other industries must follow its lead.
Whiplash fraudsters ordered to pay costs to Axa
A judge in Birmingham has thrown out a personal injury case after it was discovered that four individuals claiming to have suffered whiplash in a road traffic accident had never been in the vehicle in question.
IFB to present business case to GIC in November
The Insurance Fraud Bureau is to present its business case to the General Insurance Council on 26 November with work to test the feasibility of identifying organised fraud networks in claims underwriting data expected to start this month (September).
Judge dismisses “bang to rights” claim on fundamental dishonesty grounds
Conwy and Colwyn County Court sunk a personal injury claim deemed exaggerated and fabricated after a judge found a claimant pulling a dishonest "bang to rights" move.
High-tech fraud: Faceless threat
Fraud has gone high tech, with the potential damage that hackers using the internet can cause becoming a real danger. Now the industry is starting to use high-tech methods to fight back.
Fraudster handed seven-year sentence after faking death to claim life insurance
A fraudster has been sentenced to seven years in jail after faking a woman’s death to claim nearly £1.7m in life insurance.
Savesure shareholder Whittington banned and fined by FCA
The Financial Conduct Authority has fined Savesure shareholder Ralph Whittington £42,111 and banned him from performing any function in relation to regulated activity for failing to act with integrity in carrying out his controlled functions.
Editor's Comment: Don't mention the whiplash
The Oxford Dictionary shows the definition of collaboration as the action of working with someone to produce something and I’m sure that this is what the Association of Personal Injury Lawyers’ president was encouraging when he wrote an open letter to…
ABI poll shows consumers plagued by bogus insurance claims calls
The Association of British Insurers called for clampdown on rogue claims management companies today (8 September), as a survey shows people continue to be bombarded with nuisance calls and texts encouraging them to seek compensation for injuries they…