Fraud – Page 18
-
NewsFCA clamps down on CMCs’ ‘unscrupulous’ false advertising
Martin Milliner of LV= says CMCs have gotten away with unscrupulous activities “for too long”
-
Online onlyDriver ordered to pay £29,000 after phantom Allianz claims
Driver could have claimed over £5,000 in compensation from accident had he not supported additional fraudulent claims
-
AgendaWoman pays out £10,000 for fundamentally dishonest Ageas claim
She had claimed in excess of £40,000 for various injuries, but was undone when the Weightmans intelligence team uncovered images of her mountain hiking on social media
-
NewsFraudster sentenced after lying about losing partner’s engagement ring
The fraudster was caught sending a text to a friend, admitting his plan to exploit the insurer
-
FeaturesJailed claims handler defrauded employer for £390k to fund cocaine addiction
The handler has been jailed for two years and worked for a major insurer at its complex claims offices in Fenchurch Street
-
News‘Prolific’ ghost broker sentenced for 18 counts of fraud
A number of policies that had been incepted between January and October of 2016 were found to all be connected
-
NewsPolice officer deemed fundamentally dishonest in holiday sickness fraud
The Nottinghamshire police officer claimed to have contracted food poisoning, but the evidence exposed flaws in her claim
-
NewsDAC Beachcroft predicts ‘explosion’ of fraudulent bent metal claims
With legislation coming in April 2020, DAC Beachcroft says fraudsters are looking more into bent metal claims
-
NewsBLM and AXA win fundamental dishonesty case where 'injured' fraudster wasn't in the car
The fraudster wasn’t in the car when the collision occurred, but still claimed for injuries
-
AgendaAsplin in court facing huge fraud payout, but objects to compensating DAS
Figure put by prosecutors at confiscation hearing on how much former DAS chief executive Paul Asplin benefitted from defrauding his ex-employer
-
AgendaFraudsters in MoneySuperMarket clone scam
Unauthorised firm was using a very similar name to that of the price comparison website to trick customers
-
-
Online onlyInsurance broker gets seven year ban for illegal work
Insurance agent was only regulated to sell insurance and mortgage products
-
News‘Crash for cash’ scammers jailed for Markerstudy fraud
First time both fraudulent claimant and decoy driver jailed in such a case
-
IT InterviewMotor fraudsters adopting new and dangerous ‘hide and crash’ technique
Anti-fraud expert group recognises rise to prominence of a dangerous new technique adopted by motor fraudsters
-
NewsShamed company director banned from running his business after fraud
The shamed businessman has been declared bankrupt after submitting false insurance claims
-
NewsBrokers reveal biggest challenges to selling cyber cover
With the risk of cyber crime ever increasing and evolving, the threat to UK businesses remains high but cyber insurance uptake is still comparatively low compared to the US, Insurance Times looks at the challenges brokers face selling the product and how to overcome the problem
-
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
-
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
-
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
