PSV insurer bid to block Sh600m claims flops

An accident scene involving a Public Service Vehicle. Between 2010 and 2013, the firm had flagged at least 700 fraudulent claims. [Mose Sammy, Standard]

Public Service Vehicles (PSV) insurer Invesco Insurance Ltd risks collapse after the High Court yesterday declined to halt payment of Sh600 million worth of claims, half of which are said to be fraudulent.