ESTONIA: Insurers ascertained 327 fraud cases in 2011
This forms around 1.5% of all loss insurance compensations, Estonian Insurance Companies Association announced.
69% of the frauds were connected to traffic (40%) and vehicle insurance (29%). This is due to the fact that these insurance types are the most widespread in Estonia. Fraud connected to property and traffic insurance grew and formed 10% and 16% of total number of fraud cases.
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