Fraud
No IPO on the table at Hastings
Gary Hoffman, chief executive of Hastings Insurance Group, has reiterated that an IPO is not in the pipeline for the company as it posted soaring profits, although it could still be an option in the future.
Vet slapped with suspended jail term for £10,000 insurance con
A veterinary surgeon has been hit with a suspended jail term for conning an insurer out of almost £10,000.
Conman admits to selling false policies
A fraudster has pleaded guilty to selling hundreds of non-existent car insurance policies to UK drivers.
Covéa boosts fraud-fighting team
Covéa Insurance has appointed Steve Jackson as head of financial crime.
Teen ghost broker handed 12-month sentence
A teenager who tried to sell worthless vehicle insurance policies has been given a 12-month conditional discharge at City of London Magistrates.
Lack of support leaves insurance wanting
It has been a week in which insurers have taken a real battering due to Monday's well-documented episode of Dispatches on Channel 4.
Car collision cheat handed eight-month jail sentence
A car collision cheat has been sentenced to eight months in prison after attempting to claim for an accident that never happened.
Father and sons hit with £278,000 bill after false claims
A father and his two sons found guilty of money laundering and conspiracy to defraud have been ordered to pay back £278,000 after having submitted "dozens" of fake claims.
MASS calls for better resources to tackle crash for cash fraud
Crash for cash figures released by the Insurance Fraud Bureau (IFB) have been branded “astonishing” by the Motor Accident Solicitors Society (MASS).
Woman guilty of claiming cats and dogs
A woman from Northern Ireland has been sentenced to 240 hours community service after fraudulently claiming £13,558.50 for kennelling her dogs and cats.
Six arrests in Welsh alleged fraud ring
Gwent Police have arrested six people as part of an on-going investigation into a suspected ‘Crash for Cash’ fraud ring.
OFT's motor market stand is long overdue
Good things come to those that wait.
Motor insurance fraudster sentenced
A motor insurance fraudster has been sentenced to a six month community order and two month curfew after pleading guilty to insurance fraud and sending malicious communications to an insurer.
ABI register to provide insurers with details of known fraudsters
The Association of British Insurers (ABI) has launched the Insurance Fraud Register, to make details of all known insurance fraudsters in the UK available to insurers.
Whiplash fraudsters handed suspended sentences
Two men who made bogus claims for whiplash injuries suffered in a road traffic collision they were not even involved in have been handed suspended prison terms.
Insurance fraud in decline in Q2
Attempted fraud in the insurance industry fell by 16% between April and June 2012, according to new figures released by Experian.
Aviva unveils new head of fraud in front-end clampdown
Aviva has swooped to appoint a new head of fraud for underwriting, pricing and product to boost front-end fraud detection.
Insurance cheat jailed for 'crash for cash' scam
An insurance cheat behind a multi-million pound 'crash for cash' swindle has been sentenced to seven years and three months in prison.
IFB strikes deal to "close net" on fraudsters
The insurance industry and local authorities have struck a deal to share information on known fraudsters.
Personal Lines Broking: Challenges on the horizon
After facing multiple threats that promised doom and gloom, personal lines brokers are ready to face down further challenges coming their way
Police arrest fraudster posing as insurance broker
A bogus broker has been charged with insurance fraud by the City of London Police.
Broker Network member fined and banned for fraud
A former Broker Network member has been banned and fined by the Financial Services Authority (FSA) for committing insurance fraud.
Uncovering fraud
Everyone in the insurance industry is in the frontline in the fight against fraud, explains Simon Arundel
Admiral identifies £250,000 worth of potential fraud
Admiral has identified a quarter of a million pounds worth of potential fraud in just nine days following the implementation of a new claims fraud system.