18% increase in the amount of insurance fraud in 2013

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Despite the decline in the number of frauds, the amount of insurance fraud in 2013 grew by 18% to 2.1 billion USD, according to figures released by the Association of British Insurers (ABI).

Showing an increase of 34%, motor insurance is the first victim of insurance fraud with 1.3 billion USD.

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Fri, 30/05/2014 - 17:20
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