Fraudulent insurance claims on the rise
The Association of British Insurers (ABI) has said that, according to industry figures, 130,000 fraudulent claims were made in the UK last year, representing 2,500 per week. This is a six-per-cent increase from 2014.
False claims for injury as a result of supposed negligence were found by the ABI to be the fastest growing fraud, and these were up by more than one-third in 2015 compared to 2014. However, the ABI has warned that those committing fraud are more likely to be caught than ever before.
"The chances of getting caught have never been greater, and the consequences, such as a prison sentence and difficulty in getting future insurance and other financial products, have never been more severe and long-lasting," cautioned the ABI's director of general insurance policy James Dalton.