It is quiet shocking that several
insurance companies, Zurich, FBD, and Travelers Inc, accused of fraud
themselves and after admitting violating the Data Protection Act, have already
evaded a criminal conviction just by donating €20,000 each to charity. A little
bit too charitable I would have thought.
FBD Insurance already admitted in an
earlier case that allegations by the company accusing an elderly couple of
fraud, which was based on an ‘anonymous call and letter’ to them were totally
unfounded. They had even claimed too that the fire that destroyed their house
was not a risk covered. Thankfully the judge this time was on the side of right
and insured that the couple got their just claim settled.
It will interesting times now to see
how the insurance companies will handle the many flood and storm claims filed
against them this winter. The small print that may not have been read by an
unsuspecting claimant will surely never be forgotten should that fine print
reduce their claim to zero.
In future, when I see that ad again
on television about insurance fraudsters putting there hand in our pockets, the
only thing that will come to mind will be the insurance companies themselves
Barry Clifford
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