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Insurance fraud - where there's smoke, there's fire...

Kotie Geldenhuys

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Abstract

Worldwide, vehicle insurance fraud is on the rise and, according to Black more (2013), it includes tricks such as causing accidents intentionally, fraudulently registering hit and run claims, and staging vehicle thefts. The website www.insurancejunction.co.za/insurance-fraud estimates that between 25% and 33% of all vehicle insurance claims have an element of fraud and further states that insurance fraud can be the motive for murder.

About this research paper

What this paper is about

Worldwide, vehicle insurance fraud is on the rise and, according to Black more (2013), it includes tricks such as causing accidents intentionally, fraudulently registering hit and run claims, and staging vehicle thefts. The website www.insurancejunction.co.za/insurance-fraud estimates that between 25% and 33% of all vehicle insurance claims have an element of fraud and further states that insurance fraud can be the motive for murder.

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Available abstract

Worldwide, vehicle insurance fraud is on the rise and, according to Black more (2013), it includes tricks such as causing accidents intentionally, fraudulently registering hit and run claims, and staging vehicle thefts. The website www.insurancejunction.co.za/insurance-fraud estimates that between 25% and 33% of all vehicle insurance claims have an element of fraud and further states that insurance fraud can be the motive for murder.

Key concepts: Insurance fraud, Property insurance, Business, Element (criminal law), Actuarial science, Automobile insurance, Insurance policy, Casualty insurance

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