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Customers pick up the bill as insurance companies ‘fail to chase down’ fraudsters as it’s too expensive, reform group claims

Firms ‘using fraud to justify high premiums’, despite low incidence

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‘Insurers would prefer to settle dodgy cases and pass the cost to policy holders,' said Peter Boland of the Alliance for Insurance Reform. Photo: Don Moloney

‘Insurers would prefer to settle dodgy cases and pass the cost to policy holders,' said Peter Boland of the Alliance for Insurance Reform. Photo: Don Moloney

‘Insurers would prefer to settle dodgy cases and pass the cost to policy holders,' said Peter Boland of the Alliance for Insurance Reform. Photo: Don Moloney

Insurance companies have been accused of failing to pursue fraudulent claims because it is too expensive.

This is one of the reasons premiums are too high, it was alleged.


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