NICB News

NICB Reports on Mid-Year Status Update on Anti-Fraud Measures

New anti-fraud legislation was passed this year in Colorado, Georgia and Minnesota, according to Tim Lynch, government affairs director at the National Insurance Crime Bureau. Lynch discussed the status of anti-fraud legislation and other NICB efforts during a recent podcast …

NICB Releases Latest Hot Spots Vehicle Theft Report

Since 1984, the National Insurance Crime Bureau (NICB) has published annual reports—known today as Hot Spots—that examine vehicle theft at the national and local level. NICB was originally established in 1912 as the Automobile Protective and Information Bureau and the …

Mercedes SUVs Disappear as Thieves Target New Jersey, New York

Daimler AG’s Mercedes-Benz sport- utility vehicles are the least likely SUVs to be recovered once stolen, as thieves target luxury models to export or dismantle. Thirty-seven percent of the stolen GL Class SUVs are unrecovered, compared with 30 percent for …

NICB Reports on Most Stolen SUVs/CUVs:

The National Insurance Crime Bureau released a new report that examines thefts of sport utility vehicles (SUVs) and crossover utility vehicles (CUVs) reported stolen between Jan. 1, 2010 and Dec. 31, 2013. The data was further refined with thefts of …

Motorcycle Thefts Continue to Decline: NICB

The National Insurance Crime Bureau (NICB) released a report on motorcycle thefts in the United States for 2013. A total of 45,367 motorcycles were reported stolen in 2013 compared with 46,601 reported stolen in 2012—a decrease of 1.5 percent. Since …

Updated Staged Accident Videos Released by NICB

In cooperation with the Los Angeles Police Department, the National Insurance Crime Bureau has produced new high definition videos showing some of the most common methods of staging motor vehicle accidents to defraud insurance companies. “Staged or deliberately caused accidents …

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, …