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‘Cash for crash’ scams fuel sharp rise in insurance fraud

October 21, 2014 3:20 pm

Aviva, which says it discovered more than £110m worth of fraudulent claims last year, cites economic climate as a factor.    A surge in so-called “cash for crash” scams and fraudulent whiplash injury claims is being blamed for a sharp rise in insurance fraud detected by Britain’s biggest insurer.   Aviva said it discovered more than £110m worth of fraud in 2013 – up 19% on the previous year – and that it was currently uncovering 45 fraudulent claims a day.    However, while policyholders submitting inflated or invented claims for supposedly stolen or damaged valuables is still an issue,...