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Fraud pushes up insurance bills by £1 a week

Fraudsters are pushing the cost of the average household insurance policy up by almost £1 a week, according to a survey by the Association of British Insurers.


The association estimates the cost of fraud was up 8 per cent to £645m for 1998 from £597m last year. As a percentage of premiums fraud increased to 3.7 per cent in 1998 from 3.6 per cent last year.

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