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International

Fraudulent claims cost insurers $1.5 billion

August 29, 2019 Reprints

The Association of British Insurers said that fraudulent insurance claims cost insurers £1.2 billion ($1.5 billion) in 2018, This Is Money reported. The association said that insurers detected 469,000 fraudulent and dishonest claims in 2018.

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Fraudulent claims cost insurers $1.5 billion

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