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Less educated pay more for car insurance 1 Aug 2013 | 08:29 am

Major U.S. auto insurance companies charge higher rates to drivers with less education and lower-status jobs, a study by the Consumer Federation of America (CFA) shows. As an example, giant insurer G...

Woman claims 3D movie gave her whiplash 1 Jul 2013 | 11:56 am

A British woman has claimed that she was left with a whiplash injury after watching a 3D movie and demanded a $1,500 payout from her insurance company, the Daily Mail reports. She said she was unable...

University insurance covers sex-change 1 Jun 2013 | 04:39 pm

An American university has changed its health insurance coverage so that it will cover students that want a sex-change operation. The University of Illinois has approved the student health insurance p...

Man cuts off hand to claim insurance 1 May 2013 | 04:05 pm

A Spanish man cut off his own hand in an attempt to get an insurance payout, Britain’s The Times writes. The unnamed Spaniard claimed he had lost the lower part of his arm in a car accident and hoped ...

Rapper accused of insurance fraud 1 Apr 2013 | 07:58 pm

U.S. rapper and producer Timbaland has been accused of trying to defraud his insurance company of a huge amount of money, TMZ reports. Timbaland filed a lawsuit against American Home Assurance Company...

Fraudsters with small ambitions 1 Mar 2013 | 03:04 pm

A majority of insurance fraudsters are first-timers who claim a small amount from the insurance company, research has found. According to Britain’s University of Portsmouth, a survey of 40,000 claims ...

Spaniards use mobiles to buy insurance 3 Feb 2013 | 02:00 pm

Consumers in Spain are the most likely to use a mobile phone or tablet to buy insurance products online, according to a study by international market research company Finaccord. The survey of over 6,0...

New insurance against cyber threats 29 Jan 2013 | 05:25 pm

Leading international insurer Chubb has launched a new insurance policy, CyberSecurity, to help protect all types of businesses against losses resulting from data security breaches. Small and medium-s...

Man behind hole-in-one insurance scam 3 Jan 2013 | 10:59 am

A U.S. man has been accused of a hole-in-one insurance policy scam costing golfers hundreds of thousands of dollars. According to the Norwalk Patch, Kevin Walter Kolenda of Connecticut set up a fake i...

Insurance sheriffs going to war 2 Dec 2012 | 11:48 am

The insurance department in the U.S. state of Oklahoma has come under fire after spending more than $180,000 on equipment to protect employees who investigate criminal insurance fraud. According to Th...

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