Corporate News
High Court halts vehicle insurance reward scheme
The immediate impact of the ruling is that vehicle owners and transport companies can negotiate premiums with insurance companies based on individual needs. Photo/GIDEON MAUNDU.
By EUNICE MACHUHI and STEVE MBOGO
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Posted Tuesday, August 31 2010 at 00:00
Posted Tuesday, August 31 2010 at 00:00
The high loss ratio is blamed on the high levels of fraud estimated to make up for 40 per cent of claims.
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