Fraud News – Page 15
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NewsFraud Charter: ‘Help us stamp out bad CMCs’ – FCA’s plea to the industry
Frustrations peaked at the Insurance Times Fraud Charter last month over lack of communication from the Motor Insurers’ Bureau over the Litigants in Person portal, while the FCA updated the room about claims management company regulation
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NewsFraudster trio sentenced for crash scheme on pregnant woman
Two siblings and their friend carried out £18k crash for cash scheme where the victim was a pregnant woman
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NewsRob Terry seeking £14.7m as he looks to sue Watchstone
Terry and Watchstone are already in a High Court battle, but Terry says his former employer “made false representations” over an oral indemnity
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NewsCCTV exposes jailed fraudster in bus crash scam
The fraudster claimed to be severely injured when a bus hit his car… except he wasn’t in it
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NewsMASS accuses MoJ of ‘cutting corners’ in whiplash portal development
In a letter sent to Rt Hon David Gauke MP, MASS says the MoJ is “cutting corners” and choosing “the worst option available” to meet a “politically driven deadline”
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NewsIFB fraud hub backed by 11 major insurers launches
11 major insurers have been given access to the Insurance Fraud Bureau’s new IFiHub as it looks to help fight the £2bn annual fraud cost
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NewsTrio jailed for £28k crash for cash whiplash fraud
The trio were travelling at 50mph on the motorway when they performed and emergency stop, causing a crash
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NewsValue of fraudulent claims drops by 11% – Aviva
Aviva detected 16,700 fraudulent applications for policies in 2018, an increase of 20% compared to 2017
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NewsUber chooses insurtech as insurance partner for its drivers
Uber partners with the start-up after finding drivers were having difficulties getting private hire vehicle insurance
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NewsHotel owner sentenced for £400k fraud attempt
Hotel owner claimed disability benefits as well as income protection from Aviva, saying he couldn’t work due to depression
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NewsGoCompare becomes first aggregator to be named IFB member
The comparison site says it has access to tons of data which can help in the fight against fraud
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NewsBishop jailed for ID theft of community members for insurance fraud
He knew details of one of the cars as he’d helped the person buy their vehicle
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NewsLV= to launch multiple AI fraud initiatives 'by the end of the year'
LV=’s director of fraud says the new platforms will enrich the responsibilities of staff, and even lead to more being brought in
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NewsFCA launches task group to crack down on phoenixing
The FCA sat down with the FSCS, the FOS and other regulatory partners to discuss how to tackle the ongoing issue
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NewsPolice officer convicted after fake motor theft claim
She lied about her personal car being stolen while serving in the Metropolitan Police
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NewsIFED investigation leads to jail time for serial travel insurance fraudster
Fraudster used fake documents as he lied about cancelling a family holiday
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NewsKeoghs and LV= expose 'wicked' fraud ring targeting the elderly
LV= and Keoghs are bringing justice to fraud ring who targeted elderly insureds, the oldest being aged 102
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NewsMoJ considering enhancing MedCo's remit as part of whiplash reforms
The MoJ published an update to its whiplash reforms plan this morning, and is seeking consultation
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NewsInsurer obsession with claims tables could disrupt fraud battle - Horwich Farrelly
The law firm thinks insurers could get caught up with their claims rates, thus stopping them from properly interrupting fraud
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NewsRandy horses and thieving monkeys - Aviva dealt with some strange claims in 2018
Aviva releases details of some notable cases as it reveals it accepted nearly one million claims last year
