fraud
KGM Motor Insurance Joins the Insurance Fraud Bureau
KGM Motor Insurance (KGM), a specialist provider of motor insurance products to niche markets and an authorised Lloyd’s syndicate, has become the latest member...
MassMutual sues insurers over Madoff
Tremont Group Holdings Inc. and other feeder funds to Bernard Madoff’s defunct investment advisory business have sued insurers, including a CNA Financial Corp. unit,...
Tourists Warned Over Travel Insurance Fraud
Holidaymakers were warned today they face higher insurance costs and possible prosecution if they are caught making fraudulent travel insurance claims.
The Association of British...
New website PPInews.co.uk launched to compensate UK mis-sold consumers of Payment Protection Insurance
A new website at http://www.ppinews.co.uk has been launched to keep pressure on regulatory authorities, banks and insurance companies to compensate up to 12 million...
Drivers ignorance biggest barrier to cash-for-crash justice
Unawareness of the threat of cash-for-crash accidents is the main reason more criminals are not brought to justice, as new data reveals 41 percent...
FSA has imposed a public censure on Cheshire Life & Pensions
The Financial Services Authority (FSA) has today imposed a public censure on a Derbyshire financial advice firm for failing to ensure its advice on...
Michael Jackson’s children could miss out on a $20 million life insurance payout
Michael Jackson's children may miss out on a US$20 million (HK$156 million) life insurance payout because an aide allowed the policy to lapse.
The King...
Saga Insurance Joins the Insurance Fraud Bureau
Saga Insurance, the insurer of the over 50’s, has joined the insurance industry’s collective fight against fraud becoming a member of the Insurance Fraud...
HSBC firms fined over £3m for information security failings
The Financial Services Authority (FSA) has fined three HSBC firms over £3 million for not having adequate systems and controls in place to protect...
FSA fines £20k director of insurance broker AIF Limited
The Financial Services Authority (FSA) has fined Richard Holmes, a director of insurance broker AIF Limited, £20,020 for control failings in relation to an...
Yound drivers could get troubles using parents’insurance
Insurance advice from Top Gear presenters should not be taken seriously, a financial expert has warned.
In this week’s episode of the popular motoring TV...
Impact of recession on Insurance fraud
RSA survey reveals that at least 1.4 million Britons think that committing insurance fraud is more acceptable now than 12 months ago because of...
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