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

NICB Testifies Before Senate Judiciary Committee on Unprecedented Rise in Auto Thefts, Carjackings

starting the car, fokus trough the car whell of the starter key, shallow depth of field

Cities across the United States have experienced an unprecedented rise in auto thefts and carjackings in recent years. David Glawe, president and CEO of the National Insurance Crime Bureau (NICB), provided comprehensive expert testimony today before the U.S. Senate Committee on the Judiciary regarding this complex issue. In his testimony, Glawe spoke on the staggering… Continue reading NICB Testifies Before Senate Judiciary Committee on Unprecedented Rise in Auto Thefts, Carjackings

Slip & Fall Incidents Rise: National Insurance Crime Bureau

Targeting businesses for their “deep pockets,” questionable slip and fall insurance claims continue to rise through 2019 according to the National Insurance Crime Bureau. Of the 6,471 questionable claims analyzed by NICB, 56 percent were claimed on the businesses’ Commercial General Liability policy, with another 15 percent on a Commercial Liability Business Owners policy, and… Continue reading Slip & Fall Incidents Rise: National Insurance Crime Bureau

As Wildfire Victims Return Home, NICB Urges Caution to Avoid Fraud

two silhouette on housefire background

Cal Fire personnel continue to battle blazes as hundreds of thousands of acres burn following recent lightning storms causing the evacuation of thousands of Californians. When evacuees return home, they could be faced with the long, somber task of rebuilding their homes and lives – and could be victimized by dishonest contractors looking to make… Continue reading As Wildfire Victims Return Home, NICB Urges Caution to Avoid Fraud