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nst.com.my
412 words

RM1b lost yearly to fraud, say adjusters

KUALA LUMPUR: Fraudulent motor insurance claims account for an estimated RM1 billion in losses annually, said insurance adjusters. Association of Malaysian Loss Adjusters (AMLA) chairman Y.K. Foo said the most prevalent fraudulent claims involved accidents, vehicle thefts, fires and staged collisions. "While…

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