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Cost of fraudulent claims rose by 18% in 2013, says ABI

Aiden Kerr

The value of fraudulent insurance claims uncovered by insurers rose to a record £1.3bn in 2013, up 18% on the previous year, according to the Association of British Insurers.

Insurers detected a total of 118 500 bogus or exaggerated insurance claims, equivalent to 2279 a week, the ABI's latest figures published today showed.

Fraudulent motor insurance claims were the most

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