NICB News

Anti-Fraud Groups Support EUOs Without Court Order in Kentucky

Examinations under oath (EUO) help insurers combat fraud and should be allowed without requiring time-consuming court orders in Kentucky, the Coalition Against Insurance Fraud and National Insurance Crime Bureau (NICB) said in a joint amicus brief filed last week with …

NICB: Insured Tailgate Thefts Declined 6% in 2015

For the first time in five years, insured tailgate thefts posted a decline, according to a new report by the National Insurance Crime Bureau (NICB). The 6 percent decline in 2015 reverses a consecutive five-year escalating theft trend. In 2014, …

People Moves: Liberty Mutual, Canal, NICB

Liberty Mutual Announces Senior Leadership Appointments Liberty Mutual announced three senior appointments to its Commercial Insurance operating unit. Mike Fallon is appointed president, National Insurance, which helps large and specialized businesses solve complex risk management challenges. Steve McAnena is appointed …

Illinois Task Force Rattled by Spike in Metal Thefts

Illinois lawmakers have convened a task force to investigate a spike in the theft of recyclable metals. There was a spike in thefts a few years ago when the price of copper and other recyclable metals rose. Copper wiring and …

California Tops NICB’s 2015 Hot Spots Vehicle Theft Report

California’s Modesto Metropolitan Statistical Area (MSA) had the nation’s highest per capita vehicle theft rate in 2015, according to the National Insurance Crime Bureau’s (NICB) latest Hot Spots report. Moreover, California owned eight of the top 10 hot spots for …

Disaster Fraud Rampant After Floods, Hurricanes

This year, extensive flooding has already affected parts of Texas and Louisiana. With more rain producing floods forecasted for the southern part of the U.S. this spring, the likelihood of disaster fraud increases. Disaster-related fraud affects auto, homeowners and commercial …

NICB Reports Slight Drop in Watercraft Thefts in 2015

As boating season nears, the National Insurance Crime Bureau’s annual study of watercraft theft reports that watercraft theft declined three percent in 2015. A total of 5,051 watercraft were reported stolen between January 1 and December 31, 2015. The report …

NICB: Number of Hail Claims Fluctuates But Severity Through the Roof

Though recent analysis of hail claims revealed a significant decline within the past couple of years, data compiled by Verisk A-PLUS property database indicates hail-related claims costs soared between 2008-2013. The National Insurance Crime Bureau released the most recent three-year …

NICB Pushes Legislation on Cargo Theft, Aggressive Contractors

Assignment of benefits, aggressive contractors and cargo theft were the primary focus of legislation in a number of states this year, according to Alan Haskins, director of government affairs for the National Insurance Crime Bureau. In a podcast interview with …

NICB: Ferrari Stolen in 1987 Recovered at California Port

The National Insurance Crime Bureau (NICB) was given exclusive access to a 1981 Ferrari GTSI recovered at the Port of Los Angeles and Long Beach earlier this month. The car, one of 1,743 of that model made in 1981, was …