Insurance providers in the Netherlands should not pay ransom on behalf of organizations which fall victim to ransomware, Justice and Security Minister Ferd Grapperhaus advised on Wednesday. In a letter addressed to parliament over issues of cybersecurity, Grapperhaus advised insurance providers to instead pay out the cost of damages organizations incur by not paying the ransom, believing that paying the ransoms themselves will only incentivize further criminality.
Damage to private property caused this past New Year's Eve in the Netherlands is expected to reach roughly 15 million euros, but the estimated value is expected rise higher when the extend of damage to commercial property is included. The cost estimate from the Dutch Association of Insurers, which does not include medical expenses due to fireworks-related injuries, is similar to figures released a year ago.
Last year insurers caught 12,879 cases of insurance fraud, compared to 11,540 in 2017, the center for combating insurance crime CBV announced. Many of these cases involved things like falsely reporting a laptop stolen or staging a collision. But some fraudsters go much further, such as a dentist who amputated his own finger to get a disability benefit. "The finger ws removed very carefully. The dentist had not lost it due to an accident as he claimed", a spokesperson for the association of insurers VvV said to NOS.
Dutch insurers and firefighters are seeing more and more fires caused by lithium-ion batteries, which are used in electric bicycles, toys, smartphones and tablets. The Salvage Foundation, which offers first help to victims of a major fire on behalf of insurers, responded to 100 fires caused by such batteries last year, compared to 72 in 2017, the Dutch Association of Insurers announced with its annual figures.
Many cancer survivors are refused life insurance policies, which are usually mandatory when taking out a mortgage. The Dutch federation for cancer patient organizations NFK is therefore calling on politicians to amend the law so that cancer survivors will not be judged on their medical history when such an application is assessed, NU.nl reports.
Dutch insurers are getting more and more damage claims related to car fires. Last year there were 4,359 such claims, a 9 percent increase compared to the 4,014 car fire claims in 2017, RTL Nieuws reports based on the latest figures from the Dutch Association of Insurers.
Last year fewer people submitted damage claims for fire to Dutch insurers, according to the Dutch Association of Insurers. A total of almost 96 thousand fire damage claims were received last year, a decrease of 7 percent compared to 2016, NOS reports.
The association largely attributes the decrease to the fact that there were fewer storms in the Netherlands last year. "Experience shows that thunderstorms often cause a lot of fire claims, but luckily they were absent last year", director Richer Weurding said to NOS.
During Christmas and New Year's insurance companies in the Netherlands receive on average double the number of claims as on ordinary days, according to figures from the Dutch Association of Insurers. However, for the third year in a row there was a decrease in the number of burglary claims last year, AD reports.
Last year there wre some 38 thousand burglaries across the country, compared to 45 thousand in 2014. That is a decrease of about 18 percent. Compared to 2013, the number of burglary claims submitted per day halved from 250 to 125.
From now on those who lie on insurance claims will be fined 532 euros, the Dutch association of insurers VNV announced on Thursday. The measure is intended to be harsher in tackling insurance fraud and to discourage potential fraudsters from trying their luck
Storms that started in the Randstad during the early morning hours of Thursday caused around 20 million euros worth of damage, according to the first estimation by the Dutch Association of Insurers. Damage includes for example water damage due to flooding and fallen trees, ANP reports.
Insurance companies suffer hundreds of millions of euros in damages through insurance fraud every year. And those damages are covered by the consumer - an average Dutch household pays about 100 euros a year more to cover damages caused by fraudsters, according to a report by the Center for Combating Insurance Fraud of the Association of Insurers
At least 11 million euros in damage was caused to people’s homes and cars on New Year’s Eve, the Dutch Association of Insurers reported on Monday. The damage estimate is down by two million compared to a year earlier, and is a far cry from the tally eight years ago, when insurers shelled out nearly 24.5 million for various mishaps.
The massive summer storm that hit the Netherlands on Saturday caused estimated 13 million euros worth of damage, according to the Dutch Association of Insurers' initial prognoses. If this initial estimation holds true, the extent of the damage was "not huge" compared to other storms earlier this year.
Last night's storm caused relatively little damage. The Dutch Association of Insurers estimates the total damage to not much more than 2 million euro.