NICB

Triple-I and NICB Join Up to Help Consumers Fight Contractor Fraud

Retrieved on: 
Lundi, mai 20, 2024
Residential Building & Real Estate, Construction & Property, Professional Services, Insurance, CFAW, Fraud, Insurance Information Institute, Better Business Bureau, National Insurance, NICB

“For many homeowners who are victims of contractor fraud, it has either forced delays in rebuilding or has completely halted the rebuilding process after a disaster,” said Sean Kevelighan, CEO of the Triple-I.

Key Points: 
  • “For many homeowners who are victims of contractor fraud, it has either forced delays in rebuilding or has completely halted the rebuilding process after a disaster,” said Sean Kevelighan, CEO of the Triple-I.
  • “Contractor fraud costs hardworking Americans billions of dollars every year,” said David J. Glawe, president and CEO of NICB.
  • If you pay a contractor a large sum for a temporary repair job, you may not have enough money for permanent repairs.
  • You may also text your information to TIP411, keyword “FRAUD” and remain anonymous if you so desire.

New Report: Imports Top List for America's Most Stolen Vehicles

Retrieved on: 
Jeudi, mai 9, 2024
Intelligence, NICB, Theft, Documentation, Insurance, Policy, Fraud, Police, Private investigator

OAK BROOK, Ill., May 9, 2024 /PRNewswire/ -- Kia and Hyundai vehicles experienced the highest theft rates in 2023, breaking the years-long trend of full-size pickups topping the list, according to a new report issued by the National Insurance Crime Bureau (NICB), the insurance industry's association dedicated to preventing and prosecuting insurance crime and fraud.

Key Points: 
  • This past year, the nation saw another increase as vehicle theft claims rose 1 percent from 2022 to 2023.
  • NICB is coordinating efforts by all of the manufacturers to identify vehicles frequently stolen to reduce vehicle theft and partnering with state and federal law enforcement agencies to disrupt criminal networks and help recover stolen vehicles for member companies.
  • Report your stolen vehicle to your insurer:
    Oftentimes insurers need a police report before honoring a claim.
  • The process for filing a stolen vehicle report to your insurer could be over the phone, online, or even directly to your insurance agent.

NICB Works With Kentucky Lawmakers to Protect Consumers from Auto Glass Fraud

Retrieved on: 
Mercredi, mai 8, 2024
Storm, NICB, Insurance, National Insurance, Legislation, Glass, Fraud

FRANKFORT, Ky., May 8, 2024 /PRNewswire/ -- In response to rising concerns about auto glass repair fraud in the Bluegrass State, the National Insurance Crime Bureau (NICB), the nation's premier non-profit association dedicated to combating and preventing insurance fraud, worked closely with Kentucky state lawmakers on legislation aimed at addressing this issue and protecting consumers from deceptive practices in the auto glass repair industry. The measure, S.B. 29 sponsored by Kentucky Senator Brandon Storm (R-KY) and recently signed into law, seeks to implement stricter regulations and oversight measures to curb fraudulent activities and ensure transparency and fairness in the auto glass repair process. The law is similar to legislation enacted in Florida last year that prohibits auto glass companies from engaging in various fraudulent practices.

Key Points: 
  • FRANKFORT, Ky., May 8, 2024 /PRNewswire/ -- In response to rising concerns about auto glass repair fraud in the Bluegrass State, the National Insurance Crime Bureau (NICB), the nation's premier non-profit association dedicated to combating and preventing insurance fraud, worked closely with Kentucky state lawmakers on legislation aimed at addressing this issue and protecting consumers from deceptive practices in the auto glass repair industry.
  • 29 sponsored by Kentucky Senator Brandon Storm (R-KY) and recently signed into law, seeks to implement stricter regulations and oversight measures to curb fraudulent activities and ensure transparency and fairness in the auto glass repair process.
  • The law is similar to legislation enacted in Florida last year that prohibits auto glass companies from engaging in various fraudulent practices.
  • "This new law in Kentucky represents a significant step forward in addressing auto glass repair fraud and protecting consumers from deceptive practices," said Senator Storm.

Missouri Ranked in Top 10 for Most Stolen Vehicles Nationwide

Retrieved on: 
Mardi, avril 9, 2024
Burglary, NICB, Theft, Insurance, National Insurance, Intelligence, Kia Challenge, Commission, Legislation, Crime, Robbery, Collaboration, Quality of life, Missouri State University, Overalls, Illegal drug trade, Fraud, Private investigator

ST. LOUIS, April 9, 2024 /PRNewswire/ -- As vehicle thefts continue to surge across the country, Missouri experienced more than 27,000 vehicle thefts last year, challenging vehicle owners and law enforcement agencies hoping to curb this growing crime trend. A new report released by the National Insurance Crime Bureau (NICB), the nation's leading not-for-profit organization exclusively dedicated to identifying, investigating, preventing, and deterring insurance fraud and crime, shows another record-breaking year for vehicle thefts in 2023.

Key Points: 
  • Last year, more than one million vehicles were reported stolen and overall, vehicle thefts have increased nationwide from 1,008,756 in 2022 to 1,020,729 in 2023.
  • Missouri was one of 24 states to experience an increase in vehicle thefts from 2022 to 2023.
  • NICB partners with state and federal law enforcement agencies to disrupt criminal networks and help recover stolen vehicles for member companies.
  • Stolen vehicles are often used in other crimes, such as robberies, burglaries, and drug trafficking.

Vehicle Thefts Surge Nationwide in 2023

Retrieved on: 
Mardi, avril 9, 2024
Intelligence, NICB, Theft, Insurance, National Insurance, Crime, OAK, Fraud, Cryptocurrency

OAK BROOK, Ill., April 9, 2024 /PRNewswire/ -- Vehicle thefts continue to surge nationwide, challenging vehicle owners and law enforcement agencies hoping to curb this growing crime trend. A new report released by the National Insurance Crime Bureau (NICB), the nation's leading not-for-profit organization exclusively dedicated to identifying, investigating, preventing, and deterring insurance fraud and crime, shows another record-breaking year for vehicle thefts in 2023. Last year, more than one million vehicles were reported stolen and overall vehicle thefts increased about one percent nationwide from 1,008,756 in 2022 to 1,020,729 in 2023. Vehicle theft rates have risen steadily since 2019. California accounted for the highest number of vehicle thefts nationwide in 2023 with 208,668 vehicles reported stolen. The District of Columbia had the highest theft rate across the nation in 2023 with 1,149.71 thefts per 100,000 people, which is over three times the national theft rate.

Key Points: 
  • OAK BROOK, Ill., April 9, 2024 /PRNewswire/ -- Vehicle thefts continue to surge nationwide, challenging vehicle owners and law enforcement agencies hoping to curb this growing crime trend.
  • Last year, more than one million vehicles were reported stolen and overall vehicle thefts increased about one percent nationwide from 1,008,756 in 2022 to 1,020,729 in 2023.
  • California accounted for the highest number of vehicle thefts nationwide in 2023 with 208,668 vehicles reported stolen.
  • The District of Columbia and Maryland each saw a drastic rise in thefts in 2023, with theft percentage increases of 64% and 63%, respectively.

New Florida Law Protects Consumers Against Dishonest Towers

Retrieved on: 
Jeudi, mars 28, 2024
Government, Policy, NICB, HB, Law enforcement, Florida House, Sunshine State, Accident, Florida Senate, National Insurance, Medicine, Representative, Legislation

TALLAHASSEE, Fla., March 28, 2024 /PRNewswire/ -- A new measure to protect Florida consumers against dishonest towers was signed into law recently by Governor Ron DeSantis (R-FL).

Key Points: 
  • TALLAHASSEE, Fla., March 28, 2024 /PRNewswire/ -- A new measure to protect Florida consumers against dishonest towers was signed into law recently by Governor Ron DeSantis (R-FL).
  • It was sponsored by Representative Melony Bell (R-Fort Meade) in the Florida House of Representatives.
  • A companion bill was sponsored by Senator Keith Perry (R-Gainesville) in the Florida Senate.
  • "This law would implement important measures that protect consumers and promote accountability within the towing industry."

National Insurance Crime Bureau Names Edward Tobin as Vice President, Strategy, Policy, and Government Affairs

Retrieved on: 
Mardi, février 27, 2024
Senior, Public policy, Phi Beta Kappa, Republican, Harvard University, US West, Government, Harvard Law School, General counsel, National Insurance, Organization, Executive, Duke University, NICB, Microsoft, Law enforcement, OAK, Insurance

OAK BROOK, Ill., Feb. 27, 2024 /PRNewswire/ -- The National Insurance Crime Bureau (NICB), the insurance industry's association dedicated to predicting, preventing, and prosecuting insurance crime, announces Edward Tobin as the organization's new Vice President, Strategy, Policy, and Government Affairs, effective Tuesday, Feb. 27.

Key Points: 
  • OAK BROOK, Ill., Feb. 27, 2024 /PRNewswire/ -- The National Insurance Crime Bureau (NICB), the insurance industry's association dedicated to predicting, preventing, and prosecuting insurance crime, announces Edward Tobin as the organization's new Vice President, Strategy, Policy, and Government Affairs, effective Tuesday, Feb. 27.
  • "His strong relationships and experience serving in both the public and private sectors will help NICB to achieve its mission."
  • Mr. Tobin was a partner at WilmerHale, an international law firm in Washington, DC, and Boston, MA, where he served as vice chair of the public policy and strategy practice.
  • He also completed Harvard's John F. Kennedy School of Government's Program for Senior Executives in State and Local Government.

NICB Pushes for Consumer Protections Against Unscrupulous Towing Companies

Retrieved on: 
Mardi, février 13, 2024
Law enforcement, Government, National Insurance, Florida House, Policy, Legislation, Representative, NICB, Senate, Insurance

After an accident, vehicle owners find themselves in high-stress situations that can create the perfect opportunity for unscrupulous towers to exploit victims.

Key Points: 
  • After an accident, vehicle owners find themselves in high-stress situations that can create the perfect opportunity for unscrupulous towers to exploit victims.
  • "Predatory towing places significant financial burdens on unsuspecting vehicle owners because hidden towing fees and charges can escalate quickly, leaving individuals with an unexpected and hefty expense.
  • De Campos recently testified before a Senate hearing that NICB is strongly supporting legislation ( SB 774 ) sponsored by Senator Keith Perry (R-Gainesville) and noted that the bill will implement critical consumer protections to help protect Floridians against predatory towing.
  • "We need decisive action to combat predatory towing practices and ensure fairness and transparency for Florida's residents," said Senator Perry.

NICB Announces New Board of Governors Chair and Vice Chair

Retrieved on: 
Lundi, décembre 18, 2023
NICB, Quackery, Chair, SIU, Marist College, Fraud, Insurance, GEICO, PIP, Crime, National Insurance, Fire, Special Investigations Unit, Private investigator

Murphy previously served as Vice Chair of the Board and replaces James McSheffrey.

Key Points: 
  • Murphy previously served as Vice Chair of the Board and replaces James McSheffrey.
  • Along with Murphy's election, Jeremy T. Connor of GEICO was elected Vice Chair and will assume that role.
  • "I look forward to working with Matthew and Jeremy in their new roles as Chair and Vice Chair of NICB's Board of Governors," said David J. Glawe, President and CEO of the National Insurance Crime Bureau.
  • Murphy was elected to the NICB Board of Governors in 2014 and has served as NICB's Vice Chair since 2022.

Staged Vehicle Accidents Top Fraud Trend in South Carolina

Retrieved on: 
Vendredi, décembre 8, 2023
NICB, Wagner de Campos Rosário, SLED, National Insurance, Risk, Crime, Fraud, Government, Insurance, National Insurance Crime Bureau, Death, Accident, Policy, Pharmaceutical industry, Columbia

COLUMBIA, S.C., Dec. 8, 2023 /PRNewswire/ -- A new report on South Carolina fraud trends shows staged vehicle accidents as the top fraud issue in the state. The analysis, released by the National Insurance Crime Bureau (NICB), the nation's leading not-for-profit organization dedicated to combatting and preventing insurance crime, ranks South Carolina as 13th in the nation in terms of questionable vehicle-related insurance claims. This is significantly higher than states with similar populations, such as Alabama, Kentucky, and Louisiana.

Key Points: 
  • COLUMBIA, S.C., Dec. 8, 2023 /PRNewswire/ -- A new report on South Carolina fraud trends shows staged vehicle accidents as the top fraud issue in the state.
  • "Staged vehicle accidents are one of the most significant fraud issues facing South Carolina," said Eric De Campos, Director of Strategy, Policy and Government Affairs for the National Insurance Crime Bureau.
  • Recognizing staged vehicle accidents as a significant fraud trend in South Carolina, NICB conducted an analysis of questionable vehicle-related insurance claims by city spanning from 2020 through 2022.
  • NICB provides assistance to review and investigate fraud cases to the South Carolina Law Enforcement Division (SLED), which investigates a yearly average of 2,650 questionable claims filed in the state.