Norwegians defraud insurance companies for millions / News / The Foreigner

The Foreigner Norwegians defraud insurance companies for millions. Norway's generally comfortable lifestyle and good wages are not always a guarantee of honesty, it seems. Insurance companies paid out NOK 784 million for false claims last year. Labour and Welfare (NAV) officials report benefits fraud is on the increase. 369 persons were reported to police for claiming benefits illegally in the first four months of 2011. It was 417 in the course of the same period this year for NOK 72 million (about USD 12.31 million/GBP 8.15 million/EUR 9.53 million).

insurancefraud, norwayinsurance



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Norwegians defraud insurance companies for millions

Published on Tuesday, 28th May, 2013 at 07:35 under the news category, by Michael Sandelson   .
Last Updated on 28th May 2013 at 08:02.

Norway's generally comfortable lifestyle and good wages are not always a guarantee of honesty, it seems. Insurance companies paid out NOK 784 million for false claims last year.



Labour and Welfare (NAV) officials report benefits fraud is on the increase. 369 persons were reported to police for claiming benefits illegally in the first four months of 2011.

It was 417 in the course of the same period this year for NOK 72 million (about USD 12.31 million/GBP 8.15 million/EUR 9.53 million).

The same authority says figures for 2012 were 1,100 persons reported for NOK 210 million (roughly USD 35.91 million/GBP 23.78 million/EUR 27.8 million).

Insurance fraud was also considerable last year, with attempt claims of NOK 574 million (approximately USD 98.17 million/GBP 65 million/EUR 76 million). These totaled almost 1,200 cases, with 4 of 10 being car insurance-related, reports newspaper Vårt Land.

Examples of other ‘creative’ attempts discovered were cosmetic breast surgery – originally covered up as some medical procedures necessary following a traffic accident – and higher item value losses following fire and theft than in reality.

Moreover, the list includes arranged injuries to claim life insurance, false event reporting, non-existent children for welfare, lone parents who ‘turned out’ to have a partner.

 “Those who attempt fraud take a huge risk and probably don’t think about the consequences of being found out, says Finance Norway information manager Stine Neverdal.

It is warned that punitive measures including being denied insurance and prison sentences await insurance scammers.




Published on Tuesday, 28th May, 2013 at 07:35 under the news category, by Michael Sandelson   .
Last updated on 28th May 2013 at 08:02.

This post has the following tags: insurancefraud, norwayinsurance.





  
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