Insurance fraud

Insurance fraudsters dressed as bears to wreck cars: US agency

FOUR people who allegedly dressed as bears and damaged their own luxury cars in a bid to defraud insurance companies were arrested in the US state of California on Wednesday.

The General Insurance Association of Singapore has found that some 20 per cent of all incurred motor claims in Singapore are fraudulent.

Using AI and data analytics to fight insurance fraud

IN 2021 in Singapore, 17 people were rounded up in a series of police operations to expose fraudulent and staged motor accidents. Five men were charged in April 2022 over their suspected involvement i...