Norwegian insurance companies lose record 526 million kroner to fraud

Norwegian insurance companies were defrauded of a record 526 million kroner last year. This represents a six percent increase from the previous year. The most common methods involve fabricating damages or theft, or exaggerating existing claims. Car insurance fraud is most prevalent, followed by home and travel insurance. Health and disability insurance fraud, though less frequent, involves significantly higher amounts per case, averaging over two million kroner. Consequences for fraud can include criminal charges and imprisonment.