Relying on old-fashioned payment methods, including cheques, is hindering the insurance industry when it comes to offering up-to-date customer service, and modernising the process could help them gain a competitive edge, according to one firm. “A lot of the problems that we see in the insurance industry are around inefficiencies in claims payouts, mainly around […]
PERTH MAN ALLEGEDLY FAKES CAR-JACKING ORDEAL FOR INSURANCE P...
A Perth man has been charged with creating false belief and attempt to gain benefit by fraud, for allegedly fabricating a two-hour car-jacking incident for insurance payout. The 28-year-old told detectives that two men got in on his Ford Falcon on Howe Street in Osborne Park on Feb. 7, forced him to drive for roughly […]
PLASTIC PUMPKIN FOILS FRAUDSTER
A tram driver in the US has been indicted on charges that he hired a man dressed in a Halloween costume to attack him at work in a bid to fraudulently claim workers’ compensation insurance. Thomas Lucey has been indicted on two counts of insurance fraud and single counts of workers’ compensation fraud, misleading police […]
ARE CONSUMERS SATISFIED WITH HOUSEHOLDERS CLAIMS?
Householders claims only make up a small portion of insurance claims. But it is so important to ensure that they are handled correctly. Using a broker ensures that you have an insurance professional who has your best interests at heart when a claim arises – if you’d like to talk further, please contact us. […]
MAN WHO MURDERED FATHER FOR INSURANCE MONEY SENTENCED TO 27 ...
A man was sentenced to at least 27 years in prison for murdering his own father with a sword in order to claim life insurance money. Michael Phillip Martin, 28, of Esk, Queensland, was found guilty by the NSW Supreme Court of murdering Michael Anthony Martin, 46, at Murwillumbah, NSW, in June, 2014. He was […]
CHOICE POINTS ROYAL COMMISSION TOWARDS CLAIMS DENIALS & PREM
Choice points royal commission towards claim denials, premiums – Local – Insurance News – insuranceNEWS.com.au Consumer group Choice has asked the royal commission into financial services to examine claims denials and to compel insurers to disclose more information around premiums. It says in a submission that a survey resulted in people relating “experiences of delays […]
$500K FRAUD FOILED BY PHONE FAIL
A Sydney man has been denied an insurance payout of more than $500,000 after it was found that his friend was responsible for the fire that destroyed his investment property. Sachin Sharma claimed $466,252 on his home policy and $60,637 for the contents at the property in Ingleburn in the city’s southwest which was destroyed […]
INSURER REVEALS AUSTRALIA’S CRASH HOTSPOTS
A road in Melbourne has been revealed as the Australian hotspot for car crashes by AAMI. Springvale Road in Glen Waverley, in Melbourne’s south east, was named Australia’s worst road for car crashes in the 2017 AAMI Crash Index this week. The busy road attracts high volumes of traffic both on and off peak […]
‘BEDBOUND’ CLAIMANT CAUGHT BUNGEE JUMPING ON NATIONAL TV
We’ve reported on foiled insurance fraud, but usually it’s CCTV footage or social media posts that catch out the perpetrators – now here’s a case of a TV show disproving a claim. Noreen Murray, who tried to get £19,000 ($32,000) in compensation for a fake back injury, pleaded guilty to fraud by false representation […]
AN INCREASE IN DISGRUNTLED CONSUMERS TAKE INSURANCE CLAIMS T...
UNHAPPY customers are fed up with their insurers saying “no” and consequently they are taking their claims one step further. Taking out the right cover is the best step you can take in avoiding conflict with insurers. Contact us today for professional advice and assistance in arranging your insurance. INSURANCE customers are being warned […]
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