The Association of British Insurers has warned that its members are putting aside considerable resou...
The Association of British Insurers has warned that its members are putting aside considerable resources to ensure that policyholders who submit bogus or inflated claims will face criminal prosecutions.
The warning comes as the owner of a garage chain who made £900,000 in false claims for work not done was sent down for four years by Nottingham Crown Court.
Other recent cases include false claims on life insurance policies for faked deaths and the owner of a cat who forged receipts for the cost of advertising to get his pet back.
The ABI says prison sentences will force insurance fraudsters to "reflect on their crimes", although, hopefully, not in the same way as one recent diarist.
Consistency and compliance vs. slower reaction time
Search for replacement to begin imminently
60+ £300bn ISA savings
Has technology moved on?
Total funds on list rise from 26 to 58