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Chelmsford, United Kingdom
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New ‘flash-for-cash’ insurance scam warning
Fri, 16 Aug 2013Newspress Motorists are being warned about the rise of a new type of ‘crash-for-cash’ insurance scam dubbed ‘flash-for-cash’, which involves criminals flashing their headlights to let innocent victims out of side roads, then driving straight into them. Flash-for-cash incidents are said to be costing the UK car insurance industry £392 million a year – which means the scam is adding as much as £50-£100 to every ordinary driver’s insurance policy. Car insurance – scams and mythsMassive car insurance fraudsCompare car insurance As with better-known cash-for-crash schemes, where a criminal deliberately brakes their car for no reason so the person behind crashes into them, the major problem with tackling this kind of crime is that it’s difficult to prove.
Former General Motors CEO nets multimillion-dollar retirement package
Wed, 15 Jul 2009Former General Motors CEO Rick Wagoner will officially punch out on Aug. 1 with a compensation package worth almost $8.6 million over the first five years. The deal is significantly lower than what he could have received; it would have been $23 million at the end of last year, Reuters reports.
Nissan developing the self-cleaning car
Fri, 25 Apr 2014Motorists may never need to wash their cars again, as Nissan is helping to develop paint that repels mud, rain and dirt. The technology, which Nissan tells us is “super-hyrophobic and oleophobic”, creates a protective layer of air between the paint and the environment, preventing dirt sticking to the car. Nissan Nissan Note already uses self-cleaning technology Called Ultra-Ever Dry, the tech is currently being tested on the Nissan Note, which already features a ‘wash and blow dry’ function on its rear view camera.