Auto insurance companies say false and exaggerated injury claims are on the rise in Minnesota. The National Insurance Crime Bureau says suspicious personal injury claims have tripled since 2008. Minnesota ranked tenth in the nation in 2011 with 53 such …
The rate of tailgate theft claims has been increasing since 2009, with an 18 percent increase projected from 2011 to 2012, according to a new report by the National Insurance Crime Bureau (NICB). The report examines theft claims submitted to …
Durable medical equipment (DME) fraud could fall between $1.5 and $5 billion in a single year, according to a new report by the National Insurance Crime Bureau (NICB). The report examines questionable claims (QC) referred to the NICB during the …
There is a strong correlation between organized crime and staged auto accidents, according to a National Insurance Crime Bureau (NICB) report examining the impact organized crime groups have on insurance fraud. Covering the period from Jan. 1, 2008, through June …
The National Insurance Crime Bureau (NICB) released its latest Hot Wheels Classics vehicle theft report on another automotive icon, the Ford Thunderbird. History The first Thunderbird rolled off Ford’s Dearborn, Mich., assembly line on Sept. 9, 1954, and went on …
The National Insurance Crime Bureau (NICB) says progress is being made in identifying and removing thousands of vehicles damaged beyond repair by Sandy. The estimate of 230,000 insurance claims for vehicle damage in the areas affected by Sandy remains unchanged …
The current estimate of vehicles damaged as a result of Sandy hit the 230,000 mark as claims processed by insurance companies have been reviewed and analyzed. Not surprisingly, New York had the most vehicles affected by the storm with 130,000 …
As victims of Superstorm Sandy pick up the pieces of their lives and insurers wade through thousands of claims, industry and public officials are raising concerns about fraud. Since the storm, the National Insurance Crime Bureau (NICB) has issued two …
The National Insurance Crime Bureau (NICB) says it is receiving reports of price gouging by towing companies and impound lots in the aftermath of Hurricane Sandy. Member companies are already receiving bills with classic signs of price exploitation. For a …