Following a wide ranging review of the business, which resulted in a number of cutbacks at the end of last year, Cunningham Lindsey said it is now introducing some strategic changes, which will streamline and create more flexibility…
Xchanging, the global business processor, has appointed Domenick DiCicco as Head of North American Insurance.
Domenick previously served as Head of Global Litigation Management for Zurich Financial Services and was General Counsel for Alexander Gallo Holdings.
Medical professionals are witnessing a sharp rise in the number of patients attempting to make fraudulent claims, with 60% of GPs surveyed by LV reporting an increase unscrupulous activity relating to car accident injuries.
These days, it seems businesses are tightening their belts more than ever before. It is no wonder. With our current economic state stuck in a seemingly permanent rut, it’s no surprise that every business, from Fortune 500 companies to the tiniest local mom-and-pop shops are trying to squeeze more out of each and every penny. It’s only smart that we all do the same thing with our personal finances, too. For Read more…
More than £2 billion of fraud was reported last year, the largest amount ever according to the BDOs 2011 FraudTrack report.
This is a 50% increase on last years figure of £1.4 billion. When the survey was launched in 2003 it recorded £331 million, showing a seven fold increase in eight years.
The 2011 FraudTrack report, which took into account all reported cases of fraud over £50,000, shows dramatic rises in both the volume and the average value of reported cases. In
The Law Commission of England and Wales, and the Scottish Law Commission have called for improved remedies for late payment of valid insurance claims, suggesting insurers pay legitimate claims in a reasonable amount of time.
Lloyds Banking Group (LBG) will have their CEO back next year, after Antonio Horta-Osorio announced he was fit to return to work.
Mr Horta-Osorio temporarily stood down in September because he was suffering from fatigue.
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