Insurance scam: Officials from 50 firms, finance ministry meet in Sambhal to plug gaps leading to frauds

A massive insurance scam in Uttar Pradesh's Sambhal district, involving fraudulent claims and even murders, prompted a national conclave. Senior officials and insurance representatives gathered to address policy loopholes and improve coordination. The focus was on reforming Section 45 of the Insurance Laws, enhancing data sharing, and standardizing investigation procedures to combat fraud and restore public trust in insurance schemes.

Insurance scam: Officials from 50 firms, finance ministry meet in Sambhal to plug gaps leading to frauds
A massive insurance scam in Uttar Pradesh's Sambhal district, involving fraudulent claims and even murders, prompted a national conclave. Senior officials and insurance representatives gathered to address policy loopholes and improve coordination. The focus was on reforming Section 45 of the Insurance Laws, enhancing data sharing, and standardizing investigation procedures to combat fraud and restore public trust in insurance schemes.