NICB News

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 …

NICB: Motorcycle Thefts Rose 6% in 2015

Motorcycle thefts increased 6 percent in 2015, according to a new report by the National Insurance Crime Bureau (NICB). A total of 45,555 motorcycles were reported stolen in 2015 compared with 42,856 reported stolen in 2014. Motorcycle thefts have been …

NICB Reports Slight Uptick in 2015 Water Damage Claims Over Prior Year

In 2015, there were 1,403,054 water damage claims filed—an increase of just one percent over 2014’s total of 1,389,277, according to a new report by the National Insurance Crime Bureau (NICB). From January 1, 2014 through December 31, 2015, a …

Vehicle Cloning on the Rise

Since 2001, the incidence of vehicle cloning – when a vehicle identification number (VIN) on a legally owned vehicle is transferred to a stolen vehicle – has risen at a cost of more than $36 million in fraudulent vehicle transactions, …