Spectator on facebook

Spectator on facebook

FOCUS SHORT

Insurer reports more fraudulent claims

INSURANCE fraud is increasing in Slovakia according to Allianz-Slovenská Poisťovňa, the largest insurer in the country, with the firm reporting that it had detected 1,347 cases of non-life insurance fraud in 2011, a 48-percent increase from 2010, the TASR newswire wrote in early February. Because the insurer’s investigators spotted the frauds it did not pay claims that exceeded €2.217 million, according to TASR.

INSURANCE fraud is increasing in Slovakia according to Allianz-Slovenská Poisťovňa, the largest insurer in the country, with the firm reporting that it had detected 1,347 cases of non-life insurance fraud in 2011, a 48-percent increase from 2010, the TASR newswire wrote in early February. Because the insurer’s investigators spotted the frauds it did not pay claims that exceeded €2.217 million, according to TASR.

Investigators from the special activities’ department of Allianz-Slovenská Poisťovňa have reviewed over 6,500 insurance claims since 2004 that may have been fraudulent, with damage claims exceeding €24 million. The insurer has filed criminal complaints in 664 cases since 2004.

TASR wrote that with ever-improving technology insurance companies can simulate various kinds of accidents, particularly automobile accidents, and better determine if a claim could be fraudulent.

Top stories

Camping in a tree? Try it in Bratislava

A creaking wooden floor and the wind swaying the branches of trees around you. Have you ever wondered how it would feel to spend a night in a tree house?

The tree-house at Kačín

Wizz Air: Luggage changes have to wait until we train our staff

Clients of the Wizz Air airline will no longer have to pay for bigger hand luggage with a new service to be launched in late October.

Auto sector could learn from Austria

New fields are an opportunity

Hold onto your hats - heavy storms in Slovakia continue

Summer storms cause property damage, destroy gardens and possibly the harvest