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Time’s up for wholly fraudulent insurance claims: the case for new statutory remedies

Richards, Katie ORCID: https://orcid.org/0000-0002-2201-7079 2020. Time’s up for wholly fraudulent insurance claims: the case for new statutory remedies. Journal of Business Law 7 , pp. 580-603.

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Abstract

The Insurance Act 2015 codified the civil response to insurance fraud; the forfeiture rule. However, this rule fails to deter the wholly fraudulent claim such as the ‘crash for cash’ or the marine scuttle. This article critiques the Law Commissions’ justifications for inaction and contends that further remedies, namely damages for wasted costs and exemplary damages, are required in statute to deter wholly fraudulent claims.

Item Type: Article
Date Type: Publication
Status: Published
Schools: Cardiff Law & Politics
Law
Subjects: K Law > K Law (General)
K Law > KD England and Wales
Publisher: Sweet and Maxwell
ISSN: 0021-9460
Date of First Compliant Deposit: 13 September 2019
Date of Acceptance: 23 August 2019
Last Modified: 25 May 2024 09:45
URI: https://orca.cardiff.ac.uk/id/eprint/125448

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