Fraud Adds Billions to Insurer Disaster Payouts, NICB Says

According to the National Insurance Crime Bureau (NICB), property and casualty insurers paid $4.6 billion to $9.2 billion extra in disaster claims due to insurance fraud in 2021, a cost policyholders bear through their insurance premiums. During NICB’s second annual Contractor Fraud Awareness Week May 23 – 27, NICB will educate on how to identify… Continue reading Fraud Adds Billions to Insurer Disaster Payouts, NICB Says