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For scams conducted via written communication, baiters may answer scam emails using throwaway email accounts, pretending to be receptive to scammers' offers. [4]Popular methods of accomplishing the first objective are to ask scammers to fill out lengthy questionnaires; [5] to bait scammers into taking long trips; to encourage the use of poorly made props or inappropriate English-language ...
HIH Insurance was Australia's second-largest insurance company before it was placed into provisional liquidation on 15 March 2001. The demise of HIH is considered to be the largest corporate collapse in Australia's history, with liquidators estimating that HIH's losses totalled up to $5.3 billion. Investigations into the cause of the collapse ...
Cover-More Group is a global travel insurance, medical and security assistance provider headquartered in Sydney, Australia. The group was acquired by Zurich Insurance Group in April 2017. [1] The group also has leading market positions in Ireland, Latin America, New Zealand and the USA where Cover-More owns Travelex Insurance Services.
Zurich Insurance Group Ltd. is a Swiss insurance company, headquartered in Zürich, and the country's largest insurer. [2] As of 2021, [update] the group is the world's 112th largest public company according to Forbes ' Global 2000s list, [ 3 ] and in 2011, it ranked 94th in Interbrand's top 100 brands.
‘Car insurance is a scam’: Frustrated driver slams GEICO for 56% rate hike after she failed to read the ‘fine print’ on her policy. Bethan Moorcraft. April 13, 2024 at 2:58 AM
Insurance fraud includes a wide variety of schemes in which insureds attempt to defraud their own insurance carriers, but when the victim is a private individual, the con artist tricks the mark into damaging, for example, the con artist's car, or injuring the con artist, in a manner that the con artist can later exaggerate.
In June 1998 Hayward (the respondent) suffered an injury at work and brought proceedings against the employer. He exaggerated the extent of his injuries in order to achieve a much higher settlement figure of £134,973.11 from Zurich Insurance Company plc (the appellant) who were the employer's insurer.
Aon Risk Services Australia Ltd v Australian National University (2009) 239 CLR 175 (Aon v ANU) is a decision by the High Court of Australia (High Court). After a bushfire destroyed property and equipment at the Australian National University's (ANU) Mount Stromlo campus near Canberra, the university lodged an insurance claim. After its ...