scorecardresearchAs insurance fraud cases rise, IRDAI mulls independent probe agency

As insurance fraud cases rise, IRDAI mulls independent probe agency

Updated: 12 Sep 2022, 12:20 PM IST
TL;DR.
Such an agency shall be called Insurance Fraud Investigation Agency; its creation has been recommended by amending the Insurance Act, 1938. The agency has been proposed to come under IRDAI
Insurance fraud investigation agency proposed via amendment in the Insurance Act

Insurance fraud investigation agency proposed via amendment in the Insurance Act