Grenfell London tower block fire

London tower block fire wasn’t without warning from the insurance industry

The Grenfell Tower building was completely destroyed in a massive blaze, killing at least 79 people. The London tower block fire that led to the…

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Widespread auto insurance fraud detected through driver database

Within the first year that insurers have had access to this database, there has been an 18 percent increase in detection. By the first anniversary…

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Insurance fraud exposure generate a daily savings of $5.58 million

A new ABI study has shown that the efforts to stop fraudsters are saving consumers in the U.K. The Association of British Insurers (ABI) has…

Cyber Insurance policies commissioners industry

Cyber insurance is becoming more common

ABI predicts that the cyber insurance market will become more common in the coming decade Cyber insurance coverage may become the new normal in 10…

California Insurance company Fraud scam

Insurance fraud reaches record heights

According to the ABI, in the United Kingdom, fake claims last year topped £1.3 billion. The Association of British Insurers (ABI) has now revealed its…

Many U.K. homeowners may not be able to obtain flood insurance by 2014

The Association of British Insurers (ABI) has made an announcement that indicates that approximately 200,000 homes throughout the United Kingdom that are at a high…

Report shows insurance fraud is skyrocketing

The Association of British Insurers (ABI) has released a report with statistics indicating that there was an increase of 9 percent in fraudulent insurance claims…