In August of last year, for the first time in eight years since the enactment of the Special Act on the Prevention of Insurance Fraud, a revision was passed. The industry expected that insurance fraud ...
Insurance Fraud Detection Amount Surpasses 1 Trillion Won for Three Consecutive Years Editor's Note"They deceived, and my insurance premium went up." The damages from insurance fraud have exceeded 1 ...
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Insurance sector battles rising cases of fraud
Kenya’s insurance industry is grappling with a surge in fraudulent claims, with motor vehicle insurance emerging as the most targeted sector, according to data from the Insurance Regulatory Authority ...
New research reveals that insurance fraud has seen the largest percentage increase of any sector over the past seven years, growing by a staggering 211% since 2017. Plastic card fraud remains the most ...
Advertising disclosure: When you use our links to explore or buy products we may earn a fee, but that in no way affects our editorial independence. Life insurance fraud isn’t always a customer lying ...
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