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The insurance industry comes under fire as the cost-of-living crisis increases (August 2023)

The world is currently facing one of the harshest economic climates experienced since the 2008 Global Financial Crisis, one of the worst financial crises in modern history. This raises concerns that more people may turn to fraud to address the financial pressure they are experiencing. In some economies, consumers are increasingly turning towards insurance fraud as a way to relieve this financial pressure.




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