Independent compensation orders completed
The final confiscation order has been made in the Independent Insurance fraud with the order that Philip Condon pay nearly £1.3m.
A confiscation order against Dennis Lomas for £470,000 was ordered late last year and in October 2008 and Michael Bright paid £1,250,000 through a civil settlement agreement directly to Independent's liquidators.
Compensation in favour of the liquidators was ordered from both the confiscation orders made against Mr Condon and Mr Lomas.
Mr Bright paid his settlement from his pension fund, pursuant to a settlement agreement arising from civil proceedings taken by the liquidators against the former
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Most read
- Zurich strikes five-year capacity deal with MGA Freedom Services
- Pen inks £150m social housing capacity deal with SiriusPoint
- RSA and NIG brands to become one next year but undecided on name