May 2014

31 May 2014

NZ’s most stolen cars - according to AA Insurance

Third time unlucky for the Honda Torneo, after it topped the most frequently stolen car list for the third consecutive year. AA Insurance today announced the 10 most stolen cars, based on its own claims data, and the Honda Torneo has once again made it to the top after debuting on the list in 2010. The Subaru Impreza also continues to be a target, retaining…

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30 May 2014

UK - Insurers Expose £1.3bn In Fraudulent Claims

A record £1.3bn worth of fraudulent insurance claims were uncovered last year as the industry continues to crack down on cheats. The Association of British Insurers (ABI) said some £3.5m worth of dishonest claims are uncovered every day. The figures show an 18% increase in the value of fraudulent claims detected in 2012. In 2013, some 118,599…

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30 May 2014

US - Detroit boy, 12, caught twice in car theft two days in a row

A 12 year old Detroit boy was arrested two days in a row for two separate car thefts in Macomb County. The Macomb Daily reports "Warren police were stunned to see a 12-year-old Detroit boy riding in a stolen car one day after he was taken into custody for the same offense." The boy was first arrested in the early morning hours on Tuesday when the police…

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26 May 2014

US - 4-year auto theft, insurance scam investigation leads to arrests

A four-year investigation ended Friday with 12 arrests, and more expected, in connection with a million-dollar auto theft ring that allegedly ripped  off car dealerships and insurance companies in the Los Angeles area.. The California Department of Insurance said charges have been brought against 17 people in Los Angeles and one in Fresno. lRelated…

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23 May 2014

ISRAEL -  Auto premiums unchanged despite fall in car theft cases

Traffic accidents and automobile thefts have declined sharply in recent years and the insurance companies' profits have risen, but automobile insurance rates have remained unchanged, and in some cases have even increased. In 1998, the number of traffic accidents climbed to 81,000 and more than 40,000 automobiles were stolen in the country. These…

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