Two insurance companies reported less than 5% of fraudulent injury claims last year

Two insurance companies reported less than 5% of fraudulent injury claims last year

Two of the biggest insurance companies in the country are reporting less than 5% of fraudulent personal injury claims to Gardaí.

AIG referred just 2% of suspected fake claims to police last year while Zurich reported 4%.

Aviva - which reported 20% of cases - is also facing questions from an Oireachtas committee about the rising cost of insurance.

Its head of claims, John Farrell, says there needs to be more of a crackdown on the "compo culture".

"Our customer rear-ended a third-party, the cost of the damage was €80. There were no personal injuries reported at the time of the accident," said Mr Farrell.

"Some time after the accident - which is not unusual - we were presented with two personal injury claims.

"The first personal injury claim that went through the court was awarded €105,000."


More in this Section

Deal creating EU border in Irish Sea closerDeal creating EU border in Irish Sea closer

The key players in the UK’s hunt for a Brexit dealThe key players in the UK’s hunt for a Brexit deal

Talk of Northern Ireland-only backstop off the mark – Arlene FosterTalk of Northern Ireland-only backstop off the mark – Arlene Foster

Limerick IT and Athlone IT forming consortium to develop Technological UniversityLimerick IT and Athlone IT forming consortium to develop Technological University


Lifestyle

Food news with Joe McNamee.The Menu: All the food news of the week

Though the Killarney tourism sector has been at it for the bones of 150 years or more, operating with an innate skill and efficiency that is compelling to observe, its food offering has tended to play it safe in the teeth of a largely conservative visiting clientele, top-heavy with ageing Americans.Restaurant Review: Mallarkey, Killarney

We know porridge is one of the best ways to start the day but being virtuous day in, day out can be boring.The Shape I'm In: Food blogger Indy Power

Timmy Creed is an actor and writer from Bishopstown in Cork.A Question of Taste: Timmy Creed

More From The Irish Examiner