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The Fraud Act 2006

Tackling a long standing problem in the form insurance fraud has now received some official support with the establishment of the Fraud Act 2006 which is now official legislation. Part of the problem of such fraud has been ‘staged’ car accidents and fraudulent claims for personal injury.

The Association of British Insurers believes that this illegal practice has cost the insurance industry over £200m and if continued would add another 20,000 plus fraudulent accidents into the equation within the next two years. Bringing the Fraud Act 2006 into legislation is a huge step in combating fraudulent insurance claims including associated personal injury claims, in some cases existing penalties have now doubled and their also appears to be a common goal by a number of organisations to help each other combat the problem by sharing information across systems.

The Fraud Act 2006 will be a welcome move on behalf of defendant insurance companies who feel the brunt of payment legitimate as well as these fraudulent claims.

If you have a genuine claim for personal injury compensation whether you have been injured aand require road traffic accident compensation, fallen over in the street or even injured as a result of and accident at work then you could be entitled to claim for injury compensation - find out today by simply picking up the phone and Talk Once.

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