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PI claims pushing premiums higher
- 30 July 2015
- Posted by: Simon Wait
- Category: News
The average price paid by motorists for an annual comprehensive motor insurance policy rose by 21% in the second quarter of 2015 compared with the previous quarter, according to figures released today by the Association of British Insurers (ABI) The ABI’s Quarterly Average Private Comprehensive Motor Insurance [...] -
Crash for cash gang convicted
- 20 July 2015
- Posted by: Simon Wait
- Category: News
An organized criminal gang of six men, who carried out Crash for Cash insurance fraud, have been convicted at court An organised criminal gang who carried out ‘Crash-for-Cash’ insurance scams, and who also attempted to defraud the UK insurance industry of Circa £56million pounds, have been found guilty of [...] -
£1.32 billion saved in insurance fraud
- 13 July 2015
- Posted by: Simon Wait
- Category: News
Honest insurance customers were saved £132bn from frauds uncovered in 2014 according to figures released by the Association of British Insurers (ABI) The new figures also highlighted the fact that dishonest motor insurance claims are the most common type of insurance fraud The £36 million a day saved by exposing [...] -
Fraudulent insurance claims increasing
- 8 July 2015
- Posted by: Simon Wait
- Category: News
Cash for crash’ and organised fraud are causing the number of spurious insurance claims to increase, according to new figures from Aviva Around 14,000 fraudulent insurance claims worth £95million were made in 2014, this is the equivalent of 39 false claims being registered every day It is estimated that one in [...]