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Fewer fraud cases, fatter claims as average scam hits £14,300
2+ day, 6+ hour ago (702+ words) Britain's insurers are catching fewer cheats, but more ambitious ones. New figures show the value of fraudulent claims caught by insurers rose by 14% last year, even though slightly fewer cases were detected. Insurers uncovered £1.34bn of fraudulent general insurance claims in…...
Lego fraudster among last year's most high-profile insurance scammers
2+ day, 19+ hour ago (913+ words) A scammer jailed for making false home insurance claims about supposedly stolen Lego has been listed as one of last year's most high-profile insurance fraudsters. The person was sentenced to 28 months in prison after an investigation found the claims were…...
Motor insurance fraud on the rise [WATCH]
5+ day, 3+ hour ago (482+ words) KUALA LUMPUR: Motor insurance fraud cases have surged dramatically over the past three years, driven by evolving syndicate tactics, opportunistic financial schemes and the misuse of digital image manipulation tools to exploit claims processes. General Insurance Association of Malaysia (PIAM)…...
ICW Group Expands Commercial Lines Portfolio Beyond Workers' Compensation
1+ week, 13+ hour ago (137+ words) Oct 01, 2026, 08:12 ET Now Accepting Submissions in California for Five New Lines The expansion marks a significant step in ICW Group's diversification growth strategy and its evolution as a multi-line commercial property and casualty insurer. Building on decades of workers' compensation…...
Los Angeles fire survivors launch survey to see which insurers paid, and which stalled
1+ week, 5+ day ago (668+ words) "Some insurers count on wearing families down until they run out of money or energy to fight back." A new survey in Los Angeles seeks to answer which insurers helped families recover and which ones made that process even harder....
How has the D&O and ML claims environment changed?
2+ week, 11+ hour ago (57+ words) Insurance Business Insurance Business TV welcomes a new Professional Risks Leaders Network. In the inaugural edition, catch experts from Willis, Aon and C3 Risk and Insurance Services on how the claims environment has changed in the last 18 months and where the…...
ASIC confirms investigation into collapsed Sphere Insurance Group
4+ week, 16+ hour ago (374+ words) "ASIC can confirm that it has commenced an investigation and has engaged with the liquidator in connection with that investigation," an ASIC spokesperson told Insurance Business. Read next: ASIC issues warning to AFS licensees ASIC declined to say whether it…...
Farmers targeted by growing wave of insurance scams - FarmingUK News
4+ week, 14+ hour ago (665+ words) Cases of identity theft linked to insurance fraud have nearly doubled in two years, prompting a warning to farmers and rural businesses over increasingly sophisticated scams. NFU Mutual and the Insurance Fraud Bureau are urging countryside communities to be alert…...
AXA and BytePlus sign strategic MOU Pioneering AI-Driven Transformation across insurance value chain
4+ week, 21+ hour ago (382+ words) Thailand Business News AXA and BytePlus sign strategic MOU Pioneering AI-Driven Transformation across insurance value chain Partnership focuses on co-innovating industry-specific solutions, enhancing customer intelligence, and accelerating operational innovation HONG KONG, Sept. 10, 2026 /PRNewswire/ — AXA Hong Kong and Macau ("AXA") announced…...