Fraud – Page 17
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NewsHundreds 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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NewsFormer 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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NewsPrevisico introduces live flood warning tool
The insurtech launches nationwide warning system to aid insurers and brokers
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NewsLaw 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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NewsFraudster 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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News'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.
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NewsIndustry needs to work to eradicate credit hire hikes
Head of the Credit Hire Organisation told Insurance Times that collaboration between credit hire firms and insurers has never been closer.
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AgendaFraud Charter: A general election would make LiP deadline ‘impossible’
As the EU gives the UK a further extension for Brexit and a General Election looks ever-more likely, the Insurance Times Fraud Charter panel were concerned how that could affect incoming legislation
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NewsRuling to put the brakes on runaway credit hire charges
Court judgement puts credit hire companies on notice that they will no longer be able run up huge sums by allowing claimants to use replacement vehicles for extreme periods
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NewsExpert calls for household cyber cover
A growing dependence on connected devices inside the home had created a demand which now needed to be met
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Online onlyThe world’s most stupid footballer? Star’s £6,000 costs after dishonest claim
Richie Allen claimed he couldn’t work, despite helping his team win the league
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NewsBroker and underwriter data prime target for cyber crooks
The insurance sector remained an attractive target to both cyber criminals and cyber attacks by those engaged in espionage
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NewsFraudster jailed for attempt to scam Axa and other insurers
Serial scammer tried to rip off several insurers, as well as his own employer
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NewsGhost brokers targeting young drivers via social media
A month-long campaign has been launched to reduce the number of uninsured drivers on the road
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NewsNew research to fight against ‘crash for cash’ fraudsters
Differing damage patterns claims to show clear evidence of a genuine collision and a staged collision
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News AnalysisBAE aims to take the fraud fight to the next level
Technology is helping turn the tide against insurance fraud, but the battle against evolving threats continues
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AgendaWatchstone counterclaim accuses Slater & Gordon of using ‘illicit back channel’ in £637m acquisition
Slater & Gordon has since 2017 been claiming against Watchstone to recoup the whole £637m it paid for the group’s professional services division in 2015
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NewsAllianz posts improved fraud savings for H1 2019
Allianz’s fraud manager, James Burge hails a “fantastic result” after bringing the application and claims fraud teams together
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NewsFCA warns of Close Brothers clone
The regulator has warned of a clone charading as the premium finance provider
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NewsApplication fraud dominates as average tops £12,000 per case
However, one fraud worth £1.2m was detected, and around 1300 fraudulent cases are exposed every day
