Insurers Crack Down on £1Billion a year Fraudsters

October 5th, 2012

Insurance fraudsters are costing honest householders and drivers £50 a year extra on their policies with crooked claims, according to the Association of British Insurers (ABI).

Investigators uncover around 2,670 false claims valued at £19 million every week, says the ABI. Last year, fraudsters tried to con money out of insurers with 139,000 bogus claims for £983 million. Read the rest of this entry »