May 16, 2024
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Risky Business

Risky Business

Mama knows best

A tourist survived a horrifying hit-and-run accident while on holiday. He was spared an expensive medical bill thanks to a tip his mother gave him. The man hadn’t taken out travel insurance before his trip, but in a stroke of good luck, he was speaking to his mother on the...

Insurance Bout

A former boxing champion was out to legally pulverise his insurer claiming that he was being unfairly denied coverage that he has paid for. The furore had been ongoing for years, with the claimant insisting that the home nursing care services he needs are covered in his policy. The claimant...

Crypto mining fraud

A senior government official was hit with charges of insurance fraud after he allegedly stole cryptomining hardware worth a large sum of money from his campaign office. The official enlisted the help of the local police and succeeded in providing a false statement and false crime report on the episode....

Wayward tree

A district consumer forum has ordered an insurance company to pay for damages incurred to the home of an insured after a tree crashed on it due to strong wind. About two weeks earlier a branch of this same tree broke and collapsed a wall adjacent to the man’s home....

Burn, insurance, burn

A man threatened to burn down his insurance office with which he was in an ongoing claims dispute. According to the police report, he entered the office and stated that the building would be on the news in the near future because he planned to return and set it on...

Gone in 15 seconds

A traveller left his bags unattended for 15 seconds and lost one of them in a railway station. He walked a short distance to put rubbish in a bin, turned back and found a bag missing. While that particular bag had expensive items within and was worth a considerable sum,...

Hungry Monkey

An insured was travelling in Asia and during a trip to a temple had his glasses stolen by a monkey that was in the vicinity. He watched helplessly as the primate fended his attempts to recover it and went on to eat the glasses! While he had no idea that...

Care claims

A woman claimed she needed eight hours in day of insurance-provided attendant care, to recuperate from injuries sustained in a car accident. She claimed that she could not walk for more than 20 minutes without pain and needed help for all her basic chores at home. The insurance company went...

Fraud Farmer

A farmer has pleaded guilty to felony charges of feeding false information in order to swindle insurance companies. He provided insurers with falsified information on crop insurance claims to collect payouts. He reported lesser amount of produce while delivering it in the name of his children. By not reporting the...

Playing Dead

A man and his wife decided to dupe their life insurance company by devising a scheme to fake his death in order to collect on a USD2 million policy. He staged his death by arranging for the corpse of an unknown person and placing his passport and identification documents in...

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