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What Is Premium Diversion?

In insurance domain

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mousetim22

Lvl 2
3y ago
Updated: 9/22/2021

Premium diversion is the embezzlement of insurance premiums. It is the most common type of insurance fraud. Generally, an insurance agent fails to send premiums to the underwriter and instead keeps the money for personal use.

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leen33

Lvl 3
3y ago

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