Brokers call for harsher fraud deterrent

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A large number of brokers believe there should be higher penalties for insurance fraud and a central database of fraudsters to help deter fraud, according to a new survey.

Of more than 200 brokers interviewed by Groupama Insurances, 93% felt the penalties for fraud need to be harsher to act as a deterrent; and 95% felt the insurance industry should share more

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