The Economic Times

Motor insurance bills could feel the pinch as insurers crack down on third-party fraud

Motor insurers are intensifying efforts to curb third-party claim fraud as rising court awards and more uninsured vehicles increase pressure on the segment, potentially affecting insurance costs. Go Digit secured a Madras High Court order for district-level probes in Tamil Nadu into fraudulent claims, while insurers also face higher liabilities following a recent Supreme Court ruling on compensation.