Poor economy "causes arson", so premiums may rise - ABI

The Association of British Insurers has admitted that it suspects a rise in large-scale fire damange claims since last September is linked to a rise in insurance fraud committed by businesses facing financial difficulties in the current economic climate. A spokesman for the ABI says: "Historically the shape of the economy can influence the amount of insurance claims. When there is an acute downturn in the economy there tends to be a link between fraudulent claims and struggling businesses. But we cannot presume just because a struggling business has a fire they are making a fraudulent...