Wednesday, March 14th, 2007 — More than half of the total money paid out by insurance companies in the U.K. in crime-related insurance claims was on account of arson, according to a report by insurer AXA. The company’s business crime survey indicated that there is a 20 per cent increase in claim settlements relating to arson in the last quarter of 2006. This is in spite of the fact that crime-related insurance claims accounted for just 1 per cent of the total claims by volume.