Has Your Car Insurance Premium Gone Up This Year?

 

The excerpt below gives some insight in to just one of the problems faced by the motor insurance industry and the knock-on effect it has on insurance rates….

Nine arrests over crash for cash scam in Huddersfield

Author: Emmanuel Kenning

Source: Insurance Age | 12 Oct 2011

Eight men and one woman have been arrested by police in Kirklees as part of a major investigation into suspected fraud and money laundering offences.

The Insurance Fraud Bureau (IFB) said the arrests came after an investigation by Kirklees CID, Proceeds of Crime Officers, the Ministry of Justice and the IFB, into a suspected crash for cash scam in Huddersfield.

Six cars with an estimated value £150,000, cash totalling £20,000 and jewellery with an estimated value of £15,000 were seized during the raids. One man remains in custody while the other suspects have been released on bail pending further enquiries.

Detective Inspector Andy White of Kirklees CID said: “These arrests have come as a result of months of work investigating an alleged crash for cash scam operating in the Huddersfield area. The people involved in this organised criminal activity effect us all leading to insurance premiums being inflated to cover these losses.”

Read more: http://www.insuranceage.co.uk/insurance-age/news/2116548/arrests-crash-cash-scam-huddersfield#ixzz1aeYkktYp
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This entry was posted on Thursday, October 13th, 2011 at 10:40 am and is filed under Fresh News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.