Insurance fraud costing Kiwis millions
New Zealanders are forking out hundreds of millions of dollars every year to fund dishonest insurance claims, the industry’s watchdog says.
Insurance premiums for cars go up by 60%
The Saudi Arabian Monetary Agency (SAMA) has decided to raise vehicle insurance premiums by 60 percent, a move that has angered car rental firms and individuals, according to insurance experts and dealers quoted in local media.The total value of vehicle insurance premiums stood at SR 4.69 billion in 2012, accounting for 22 percent of the total premiums injected into the insurance sector …