TITLE

Lloyd's of London Falling Down

AUTHOR(S)
Greenwald, John
PUB. DATE
February 2000
SOURCE
Time International (South Pacific Edition);2/28/2000, Issue 8, p52
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Reports on accusations of fraud perpetrated by insurance agency Lloyd's of London, England, in which investors lost huge amounts of their money. Details on the swindle, in which claims by asbestos workers caused losses which the company did not admit; Role of investor Dona Evans in bringing charges against the company; Outlook for the future.
ACCESSION #
2838240

 

Related Articles

  • Lloyd's of London Falling Down. Greenwald, John // Time;2/28/2000, Vol. 155 Issue 8, p54 

    Reports on accusations of fraud perpetrated by insurance agency Lloyd's of London, England, in which investors lost huge amounts of their money. Details on the swindle, in which claims by asbestos workers caused losses which the company did not admit; Role of investor Dona Evans in bringing...

  • Will Louisiana go to the mat with Lloyd's? Russell, Judi // New Orleans CityBusiness (1994 to 2008);5/6/96, Vol. 16 Issue 44, p1 

    Reports on the conflict between Louisiana residents and Lloyd's of London, concerning the payment of large sums of money to cover claims on policies, they were not informed about. State commissioner of insurance, Jim Brown's attempts to stop the state from filing a lawsuit against Lloyd's;...

  • The bank fraud problem. Asher, Joe // Banking;Apr76, Vol. 68 Issue 4, p33 

    Focuses on the problem of fraud in banking in the U.S. as of April 1976. Increase in the losses from fraud and embezzlement at insured financial institutions; Reasons for underwriters to leave the field of banking; Views of bankers on the issues insurers neglect.

  • The Greater Whole. Kosic, Ben // Canadian Underwriter;Jan2014, Vol. 81 Issue 1, p16 

    The article discusses the Canadian National Insurance Crime Services (CANATICS), formed to fight against insurance fraud, with the use of data pooling for identification of organized fraud patterns, empowering individual insurers to act on information and pursue organized criminals. Incorporated...

  • The Next Generation of Fraud Fighting. Rioux, David J. // Claims;Apr2006, Vol. 54 Issue 4, p32 

    Deals with technologies that would be helpful in detecting insurance fraud. Problems associated with the development of actionable intelligence system; Assessment of the trends in the technologies employed by insurance companies; Importance of predictive modeling to eliminate insurance frauds.

  • Does That Laon Pass the 'Smell Test?'  // National Mortgage News;5/24/2004, Vol. 28 Issue 35, p12 

    Reports on the importance of the restriction of loan policies to prevent fraudulent activities in the U.S. Role of loan officers in detecting possible fraud; Methods used by the insurance industry to prevent fraud; Emphasis on the sniff and catch method of fraud prevention.

  • Proof of earnings for income protection. Fullagar, Col // Money Management;7/1/2004, Vol. 18 Issue 23, p24 

    Explains how insurers may request proof of earnings from the claimant under certain circumstances during an income protection claim. Definition of pre-disability earnings; Strategies in examining fraud or mis-representation.

  • Scylla and Charybdis.  // Claims;Jul2005, Vol. 53 Issue 7, p18 

    Discusses issues on the accusations of bad faith against insurers as of July 2005. Risk posed to insurers who take time to investigate the merits of every potential fraud claim; Conditions wherein an insurer is not liable for bad faith; Recommendations for insurers to avoid the appearance of...

  • Insurance Call Centers and Fraud Investigation: What Role Can Customer Service Tapes Serve in Fraud Prosecution? Eidsmoe, Dan // CPCU eJournal;Mar2003, Vol. 56 Issue 3, p1 

    For economic and efficiency reasons insurance companies are increasingly evolving toward centralized claims and customer service operations. And for a multitude of reasons, fighting insurance fraud is a constant concern and challenge for insurance companies. For training and monitoring purposes,...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics