NICB News

Watercraft Thefts Sink by 6 Percent in 2013

Watercraft thefts were down in 2013, according to the latest report on watercraft theft and recoveries in the U.S. released by the National Insurance Crime Bureau (NICB). The report examines watercraft reported stolen between Jan. 1 and Dec. 31, 2013 …

Metal Theft Claims Continue to Decline

There is evidence that the national problem of metal theft might be declining, according to a new report by the National Insurance Crime Bureau (NICB). The report reviews metal theft insurance claims from January 1, 2011 through December 31, 2013. …

Florida’s No-Fault Reform Leads to Downward Trend in Suspicious Claims

A new report by the National Insurance Crime Bureau reveals a decline in Florida’s personal injury protection (PIP) questionable claims (QCs). In 2013, Florida PIP QCs declined by 7.6 percent from 2012. Meanwhile, for the period 2010 through 2013, Florida …

Commentary: The Rise in Insurance Fraud and How to Combat it

Recently, members of a Florida ring accused of staging fires and floods to make fraudulent home insurance claims were arrested. The suspects are accused of bilking homeowners insurers out of $7 million. Paul Bermingham, executive director of Xchanging Claims Services, …

Minnesota Insurance Fraud Legislation Efforts Backed by NICB

At a news conference at the Minnesota Capitol this week, the National Insurance Crime Bureau (NICB) expressed its strong support for the efforts of the Senate Commerce Committee’s Working Group on Insurance Fraud. The Group has spent the last nine …

Insurance Scams and Fraud Trends to Watch in 2014

Medical, auto and workers’ compensation fraud are expected to be at the forefront of the National Insurance Crime Bureau focus on insurance fraud trends in 2014, according to Chief Communications Officer Roger Morris. The medical and workers’ comp business is …

Questionable Insurance Claims on the Rise in Texas: Report

Questionable insurance claims rose by 38 percent in Texas from 2010 through 2012, the National Insurance Crime Bureau (NICB) reports. Questionable claims (QC) are those claims that NICB member insurance companies refer to NICB for closer review and investigation based …

Auto Thieves Ring in the New Year, Most Vehicle Thefts Occur on January 1: NICB

Of all the holidays in 2012, New Year’s Day was the most active for vehicle thefts with 2,228 reported across the country according to analysis of the National Crime Information Center (NCIC) vehicle theft data in a report released today …

Camry, Impala Lead Their Class in Large/Mid-Sized Vehicle Thefts 2009-2012

The National Insurance Crime Bureau today released another first-edition vehicle theft report; this one on the large and mid-sized classifications. The report is based on National Crime Information Center (NCIC) vehicle theft records for the period January 1, 2009 through …

NICB Reports Small Decline in Motorcycle Thefts in 2012

Motorcycle thefts declined by 1 percent between 2011 and 2012, according to the latest report by the National Insurance Crime Bureau. The report on motorcycle thefts in the United States for 2012 was based on National Crime Information Center (NCIC) …