http://www.itinews.co.zaThe complete South African Financial Services News and Information PortalCopyright (C) 2006editor@itinews.co.zawebmaster@itinews.co.zaenITINews RSS Generatorhttp://www.itinews.co.za/news.aspx?categoryid=5&subcategoryid=1094&itemid=ceaadd1d-8a36-414c-9b73-3e93e2618e4eCriminal liability may attach to us personally should we not report economic crime - Jack Bloom, Democratic Alliance leader in the Gauteng Legislature, has suggested that those implicated for not reporting the Carl Niehaus forgery could extend beyond Gauteng Premier Paul Mashatile to include all executive members of the legislature who had any knowledge of wrongdoing and said nothing.editor@itinews.co.za (Mandy Smith)Wed, 25 Feb 2009 12:00:00 AM GMThttp://www.itinews.co.za/news.aspx?categoryid=5&subcategoryid=1094&itemid=b6e86c07-f6dd-4d4c-bfca-14c5d2c54e10Former managers of Gen-Health Medical Scheme allegedly stole member's funds - The successful freezing of their assets was the result of extensive investigations conducted by members of the Council for Medical Schemes and the South African Police Service.editor@itinews.co.za (Edited by ITInews)Sat, 25 Oct 2008 12:00:00 AM GMThttp://www.itinews.co.za/news.aspx?categoryid=5&subcategoryid=1204&itemid=6251008e-0660-4c6d-9d58-9b3803340758Statistics for the record - Another recent article about South Africa's prison population revealed 'optimism' that the numbers had dropped, while lamenting the country still had 'one of the highest rates in Africa and the world'. nigel@insurance-times.net (Nigel Benetton)Thu, 29 Dec 2005 12:00:00 AM GMThttp://www.itinews.co.za/news.aspx?categoryid=5&subcategoryid=1094&itemid=ef6966de-dfee-4c8f-ac74-09e44d304ccaClaims fraud tops R196 million - The members of the Life Offices' Association (LOA) have uncovered fraudulent claims in excess of R196 million for the first six months of this yeareditor@itinews.co.za (Edited by ITInews)Mon, 24 Oct 2005 12:00:00 AM GMThttp://www.itinews.co.za/news.aspx?categoryid=5&subcategoryid=1096&itemid=bd20a8fa-8eb0-4543-a06d-97508fb3f6f5Hearings during May - The S reference system is a system of self-regulation within the long-term insurance industry and is operated by the Life Offices' Association of South Africa (LOA). It is an attempt to ensure that the public at large and the industry are protected from persons who are not fit and proper to be engaged in the business of marketing the products of the industry. Participants in the S reference system will not employ, accept new business from, or pay commission to an S referenced intermediary,nigel@insurance-times.net (Nigel Benetton)Fri, 08 Jul 2005 12:00:00 AM GMThttp://www.itinews.co.za/news.aspx?categoryid=5&subcategoryid=1094&itemid=e8526e58-8cfa-47c2-9e4c-73c7e19330feStatistics for the long-term insurance industry in 2004 - During 2004 fraud in the long-term assurance industry was down from the previous year, both in terms of number of cases reported and in rand value, says the Life Offices' Association (LOA).nigel@insurance-times.net (Nigel Benetton)Wed, 01 Jun 2005 12:00:00 AM GMThttp://www.itinews.co.za/news.aspx?categoryid=5&subcategoryid=1094&itemid=066c064a-dd4c-46cd-abdc-9c05efd861b2Shocking level of fake death claims and ID theft - Increasing numbers of identity theft is contributing to fraudulent claims which have cost the life assurance industry over R200m in the first nine months of 2003 alone. nigel@insurance-times.net (Nigel Benetton)Thu, 01 Apr 2004 12:00:00 AM GMT