Fraud – Page 19
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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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Online onlyMotorists becoming more comfortable with lying to insurers
But Lexis Nexis says telematics could be the key to educating customers and fighting back against fraud
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Online onlyYoung drivers worst for lying about their motor insurance
More than one quarter of drivers aged 18-34 think it is ok to intentionally damage or abandon a vehicle in order to claim for a total loss
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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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Online onlyWarning of commercial vulnerability as hackable password habits continue
CFC boss reinforces cyber security importance as “the majority of successful cyber breaches result from criminals preying on human weakness”
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Ask the ExpertCyber is a reputational disaster waiting to happen - Mactavish CEO
Mactavish chief executive predicts a world where the reputation of cyber insurance “gets worse” if the placement remains “not good enough”
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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
