Fraud News – Page 23
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Carpenters becomes latest IFB affiliate member
Carpenters is the 13th company on the IFB affiliate member list, with more to come in 2018
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Fraudster sentenced for inflated insurance claim worth over £240,000
Alex Markham inflated the value of filming equipment stolen from him during a burglary
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Convicted insurance fraudster ordered to pay back over £183,000
Dr Benjamin Chang has to pay over £183,000 within three months, or his sentence is doubled
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Allianz appeal finds claims company inflated costs by 75%
Allianz challenged GSD Law Ltd after they submitted costs of £225,000 for several low-value injury claims
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FCA warns of “bogus entity” operating in the UK without authorisation
Bulwark Insurance is not authorised by the FCA and is targeting people in the UK
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“Hackers are targeting school fees,” warns cyber insurance firm
Cyber Decider warns parents that their children’s private school fees are the top target for cyber criminals
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New surveillance technology launched to fight fraud
New Video Surveillance as a Service (VSaaS) system, Ocucon launched to fight fraud
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Man sentenced after 13 fraudulent claims for damage to his car
Neil Oldfield tried to claim 13 times for damage to his car caused by HGV drivers, one of whom quit his job as a result
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£2.7bn paid out for minor injuries over two years
Whiplash and minor injuries reform inaction has left motorists picking up costs of £5m per day since George Osbourne’s 2015 Autumn budget, says Aviva
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Loss adjusters and rogue investigators found guilty of unlawfully disclosing personal data
The company, Woodgate and Clark Ltd were found guilty of the unlawful disclosing of personal data
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Nine convicted over organised cash for crash scheme
LV= and DWF successfully convict nine for a cash for crash scheme after a five-day trial
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Driver banned for 40 years after 28th conviction for no insurance
Sean Coss has 174 convictions in total, with 121 of those for road traffic matters
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Solicitor struck off for falsifying personal injury claimant signatures
Lesley Layton was working on a personal injury case when she convinced a colleague to fake signatures.
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Gallagher claims manager busted over £500,000 fraud
Claims manager James Cunnington faces jail after stinging Arthur J Gallagher for £500,000 to pay for a lavish wedding and other perks while lying to his new bride
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Whiplash reforms could cut motor premiums by only £16
Whiplash reforms will leave many without legal advice or representation for an annual saving for motorists of just £16 on average, according to Access to Justice.
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Horwich Farrelly successfully overturns judge's decision and exposes fraudster
The verdict was overturned because the original judgement was “not sustainable on the evidence.”
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Data and advanced analytics "changing the motor insurance landscape"
89% of insurers believe that data and analytics are either extremely or very useful to their business
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Man sentenced for fraudulent burglary claims worth over £40,000
The 44 year-old man made claims for a £6,000 computer and jewellery worth over £33,000
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Half of SMEs lack any cyber insurance, survey finds
Survey reveals that over half of companies lack any kind of cyber insurance
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Keoghs and Mulsanne expose £100,000 claims fraud
20 claims were made after a crash involving a van and a minibus