NICB News

NICB Releases 2017 Hot Spots Vehicle Theft Report

The Albuquerque, N.M. metropolitan statistical area (MSA) maintained its top ranking with the highest per capita auto theft rate in 2017, according to the National Insurance Crime Bureau’s (NICB) latest Hot Spots report. Hot Spots examines vehicle theft data obtained …

NICB: Motorcycle Thefts Declined in 2017

The National Insurance Crime Bureau (NICB) released its annual report on motorcycle thefts in the United States for 2017. A total of 44,268 motorcycles were reported stolen in 2017 compared with 46,467 reported stolen in 2016—a decrease of five percent. …

NICB: Animal-Related Insurance Claims Top 1.7M in 4 Years

The National Insurance Crime Bureau (NICB) released a study on the number of animal-related insurance losses for the years 2014-2017. The data is gleaned from insurance claims for losses that occurred in all 50 states plus the District of Columbia. …

NICB: U.S. Watercraft Thefts Declined in 2017

The National Insurance Crime Bureau’s (NICB) 2017 watercraft theft report shows a five percent decrease and resumes the downward trend in thefts that was broken by 2016’s slight increase. A total of 4,864 watercraft were reported stolen between January 1 …

NICB Issues Warning on Fraud Related to Flood-Damaged Cars

A young man who bought a pickup truck in Houston is now warning buyers to follow the advice of the National Insurance Crime Bureau (NICB) before closing a deal on a used vehicle. Kenton Basinger shelled out $14,000 for a …

ALE Fraud on the Rise

California insurers handling first party property claims are seeing an increase in additional living expense (ALE) fraud, according to Pete Galassi, director at Mercury Insurance. Claims Journal spoke with Galassi during the Combined Claims Conference, held recently in Orange County, …

Rise in Fraud Related to Hit While Parked Auto Claims

Personal auto fraud involving hit while parked claims is on the rise, according to the National Insurance Crime Bureau. A large portion of the estimated 120,000 claims reported each year to the NICB relate to personal auto claims, said Special …

Staged Auto Crashes an Increasing Problem in South Carolina

Officials in South Carolina say a rising number of staged automobile crashes are becoming a problem in the state. The Post and Courier of Charleston cited authorities who said faked crashes were part of a scam that resulted in charges …

NICB: Car Thefts on the Rise Due to Expensive Parts

If you own a late model car or truck, and you’ve been in a wreck, you may still be shaking your head over the repair bill. The National Insurance Crime Bureau (NICB) says today’s vehicles are loaded with expensive parts …

NICB: Insured Tailgate Thefts Show Slight Decline in 2017

According to a new report released by the National Insurance Crime Bureau, insured tailgate thefts have stabilized since 2014. NICB analysis shows that in 2016, there were 1,877 claims for tailgate theft identified in ISO ClaimSearch, an insurance industry claims …