1) The word "elephant" contains three vowels: E, A, and E.

2) The world's oldest university, Al-Qarawiyyin, was founded in 859 AD and is located in Fez, Morocco.

3) Insurance fraud occurs when individuals or organizations deliberately deceive insurance companies to receive undeserved benefits.

4) The concept of insurance dates back to ancient times when merchants would distribute their goods across different ships to reduce the risk of losing everything in a single event.