A good story from Talk Talk http://tinyurl.com/399zpbr about another off sick fraud. Of course the costs of taking this case to court, by Newham Council, will not be recovered but it is the PR that counts. How many other people involved in similar fraud (using taxpayers cash) will twice about continuing? Hopefully some of them and this in turn will make the money spent taking this case to court worthwhile.
We are receiving feedback from most commercial insurance companies that fraud is on the increase. What frustrates us is that insurance fraud is seen as accepted. But, this is slowly (and boy do insurers move slow) changing. Insurers are suffering financial pains and are starting to tighten their belts a bit. Part of this is reviewing the amounts claimed.
Don’t be surprised if your next business insurance claim is scrutinised heavily. The insurers are just doing this to protect the innocent policyholders so please don’t begrudge them.