Insurance fraud Stories
The findings suggest that cost and knowledge gaps remain significant hurdles to expanding insurance coverage across the surveyed nations and the regio...
In the first half of 2025 alone, the Insurance Fraud Investigation Unit (IFIU) received 85 reports of fraudulent claims, 45 of which involved motor in...
Mercy Mwangangi revealed that the authority has already rejected Sh10.7 billion in claims deemed fraudulent out of a total of Sh80 billion submitted b...
According to the study, many schools also lack basic safety equipment such as fire extinguishers, emergency exits, perimeter walls, and updated record...
The deregistration was carried out in accordance with Section 196(A) of the Insurance Act, which provides the legal framework for removing brokers fro...
The amount marks a 77.6 per cent increase from the Sh370.93 million worth of claims turned down in a similar period last year.
The penalties are intended to ensure that individuals in the insurance industry are held accountable for biased behaviour, especially toward vulnerabl...
Most cases emanated from the motor industry, with fraudulent motor accidents recording 16 cases, up from two in the previous corresponding quarter.
