Fraud News – Page 13
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FCA warns on unauthorised claims management firm
The business continued to offer services, despite not being authorised to do so
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Police officer sentenced for fraudulent insurance claim
Serving policeman submitted several false claims
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Fraudster sentenced for bogus slip and trip claims against Allianz and Covéa
If the fraudster had been sucessful he would have been awarded £11,000
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Lack of LiP portal decisions leaves businesses in the dark
The whiplash claims portal is due to go live in April
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Whiplash portal delay would be a ‘political decision’ insists MIB chief
Portal is technically ready to go, but awaits decisions on features such as ADR and statutory instruments
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IFB appoints RSA chief claims officer as new chair
Karl Helgesen replaces Rob Townend with immediate effect
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Crash for cash scammers sentenced for LV= fraud attempt
Links were found between both parties involved in a collision
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Professional body launches guide to tackle claims fraud
The Society of Claims Professionals offers four recommendations to clarify fraud cases
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QBE saves £145,000 in costs after bogus personal injury claimant uncovered
Social media posts revealed active runner and cyclist was still participating in sporting events despite £60k personal injury claim
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Security professionals view cyber insurance as a ‘necessary evil’
A third of those that work in cyber security think that cyber insurance is good
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Legal consolidator posts booming revenue growth
The firm has completed the integration of its five recent acquisitions
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Ghost broker sentenced after bogus cover helped cannabis drug gang
The Insurance Fraud Bureau worked closely with its insurance partners to pinpoint the culprit
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AIG back in court to fight credit crunch era bonus legal battle
The outcome could leave the insurer open to pay hundreds of millions more in deferred bonuses
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Hundreds of Irish motor policies cancelled in wake of ghost broking scam
One or two individuals thought to be masterminding the Irish ghost broking operations
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Former mutual insurer boss faces FCA’s wrath for dodging income tax
FCA seeks to fine Stuart Forsyth £78,318 for avoiding tax responsibilities, dependent on an Upper Tribunal determination
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Previsico introduces live flood warning tool
The insurtech launches nationwide warning system to aid insurers and brokers
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Law firm partners fined £80,000 for selling insurance through own broker
FairPlane UK directors to cough up after breaching Solicitors Regulation Authority principles
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Fraudster cleric locked up for £31,000 personal injury scam
Luton-based pastor ordered to pay £16,000 after attempting to con court officials with personal injury insurance scam.
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'Don't foist LiP portal on the public until its ready', warns Minster Law chief executive
Despite approving of small personal injury claims being moved online, Shirley Woolham insists that customers’ interests must be at the centre of the new platform.