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Insurance fruad on the rise

  • by The Quotesonline Team

The Sun Herald is reporting that insurers have reported a jump in rejected insurance claims and fruad during the economic crunch,  and investergaters are finding more customers padding the value of their cliams.GIO & Suncorp rejected payouts and suspicious cliams have surged up 40 percent in the past year. Its estamated that insurance fruad costs $2 billion a year in Australia


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