More Insurance Fraudsters Driving up Premium Costs in Australia, Expert Warns

From ABC News

A spike in fraudulent insurance claims has been identified as a major cause for the rise in premium costs.

A report from insurance giant IAG said it had detected a 30 per cent spike in suspicious claims in the past year in Australia.

In Sydney alone, compulsory third party insurance claims rose by around 39 per cent, despite a drop in road casualties.

Read the full article.