National Insurance Crime Bureau

Staged Vehicle Accidents Top Fraud Trend in South Carolina

Retrieved on: 
Friday, December 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.

Insurers Combat Predatory Towing Practices in Florida

Retrieved on: 
Wednesday, December 6, 2023
Glass, Wagner de Campos Rosário, National Insurance, Representative, HB, Government, Insurance, National Insurance Crime Bureau, Florida House, Sunshine State, Frustration, Florida House of Representatives, Medicine, Policy, Lease

TALLAHASSEE, Fla., Dec. 6, 2023 /PRNewswire/ -- Predatory towing practices in Florida have long been a source of frustration and anger for residents and visitors alike. The state has gained notoriety for towing companies that seem to prey on unsuspecting vehicle owners, often engaging in questionable tactics to maximize their profits. This issue has prompted numerous complaints, legal battles, and calls for reform to protect consumers from the clutches of unscrupulous towing operators. The National Insurance Crime Bureau, the nation's leading not-for-profit organization dedicated to combatting and preventing insurance crime, is helping lead the way to combat these predatory towing practices in the Sunshine State and recently took part in a transportation committee hearing in the Florida House of Representatives focused on this issue.

Key Points: 
  • TALLAHASSEE, Fla., Dec. 6, 2023 /PRNewswire/ -- Predatory towing practices in Florida have long been a source of frustration and anger for residents and visitors alike.
  • The National Insurance Crime Bureau, the nation's leading not-for-profit organization dedicated to combatting and preventing insurance crime, is helping lead the way to combat these predatory towing practices in the Sunshine State and recently took part in a transportation committee hearing in the Florida House of Representatives focused on this issue.
  • Florida law requires property owners to display signs that provide clear information about parking restrictions and the potential for towing.
  • Advocates for consumer rights and fair business practices have called for stricter oversight, increased transparency, and clearer regulations regarding towing practices.

Fraud Costs Americans Billions of Dollars Annually

Retrieved on: 
Tuesday, November 14, 2023
Artificial intelligence, NICB, Organization, National Insurance, International, Risk, Crime, Insurance, Small business, Machine learning, National Insurance Crime Bureau, David Glawe, ACFE, Certified Fraud Examiner, CFE, Government, Education, Pharmaceutical industry, Cryptocurrency, Online shopping, Fraud

DES PLAINES, Ill., Nov. 14, 2023 /PRNewswire/ -- Fraud is a pervasive and expensive problem that exacts a heavy toll on both individuals and businesses. According to a study conducted by the Association of Certified Fraud Examiners (ACFE), fraud costs organizations worldwide an estimated 5 percent of their annual revenues, which amounts to billions of dollars every year. These crimes drain government resources, erode public trust, and inflict financial and emotional harm on its victims. As part of International Fraud Awareness Week, the National Insurance Crime Bureau (NICB), the nation's leading not-for-profit organization dedicated to combatting and preventing insurance crime, is encouraging the public to educate themselves about the latest fraud trends in order to prevent becoming a victim.

Key Points: 
  • According to a study conducted by the Association of Certified Fraud Examiners (ACFE), fraud costs organizations worldwide an estimated 5 percent of their annual revenues, which amounts to billions of dollars every year.
  • Fraud is a pervasive and expensive problem that exacts a heavy toll on both individuals and businesses.
  • Glawe noted that while advancements in technology have allowed new opportunities for fraudsters, they have also provided innovative solutions to combat fraud.
  • Governments and businesses can work together to develop strategies to combat fraud effectively and ensure criminals are brought to justice.

National Conference Brings Together Fraud Fighting Attorneys

Retrieved on: 
Wednesday, October 25, 2023
Insurance, Crime, Intelligence, National Conference, National Insurance, Fraud, Conference, Lawyer, Senior, National Insurance Crime Bureau, Private sector, Illegal drug trade, General counsel, NICB, Private investigator

DES PLAINES, Ill., Oct. 25, 2023 /PRNewswire/ -- Insurance fraud affects millions of Americans and costs businesses and the insurance industry billions of dollars annually. To combat this growing problem, the National Insurance Crime Bureau (NICB), the nation's leading not-for-profit organization dedicated to combatting and preventing insurance crime, hosted a recent legal conference focused on fighting and prosecuting insurance fraud. The 2023 National Conference of Insurance Crime Attorneys brought together lawyers from around the nation to highlight new methods and tactics to help prosecute fraud and combat emerging trends in insurance crime. The conference also featured Pennsylvania Attorney General Michelle A. Henry as keynote speaker, who focused on effective strategies to prosecute insurance fraud, and the ways fraud is often connected to other crimes like drug trafficking and murder.

Key Points: 
  • To combat this growing problem, the National Insurance Crime Bureau (NICB), the nation's leading not-for-profit organization dedicated to combatting and preventing insurance crime, hosted a recent legal conference focused on fighting and prosecuting insurance fraud.
  • The 2023 National Conference of Insurance Crime Attorneys brought together lawyers from around the nation to highlight new methods and tactics to help prosecute fraud and combat emerging trends in insurance crime.
  • "Prosecuting insurance fraud can be incredibly complex," said Rich DiZinno, General Counsel and Senior Vice President at the National Insurance Crime Bureau.
  • Conferences like this one can highlight emerging fraud trends and successful new methods to prosecute and deter insurance fraud.

Velociti and CATrak Join Forces to Combat the Surge in Catalytic Converter Theft

Retrieved on: 
Wednesday, October 25, 2023
Velocity, Inc., Catrake Force, Law enforcement, National Insurance Crime Bureau, Inc., National Insurance, Maintenance, Carfax, 3D printing, Gasoline, Cryptocurrency, Soil moisture velocity equation

RIVERSIDE, Mo., Oct. 25, 2023 /PRNewswire-PRWeb/ -- Velociti Inc., a global provider of technology deployment, maintenance and integration solutions, in a collaboration with CATrak Technologies is a is announcing a patent pending device that fleet owners can use to combat the increasingly prevalent threat of catalytic converter theft.

Key Points: 
  • By addressing the growing problem of catalytic converter theft, we are joining forces to help fleets ensure maximum uptime and utilization and safeguard their bottom line.
  • By addressing the growing problem of catalytic converter theft, we are joining forces to help fleets ensure maximum uptime and utilization and safeguard their bottom line."
  • Now available for purchase and installation, the CATrak device immediately alerts owners, managers, security personnel, and law enforcement to catalytic converter theft attempts.
  • "Partnering with Velociti allows us to deploy our technology more efficiently and effectively and amplify its impact so we can make a substantial difference in tackling catalytic converter theft."

Vehicle Thefts Continue to Increase to Near-Record Highs in 2023

Retrieved on: 
Wednesday, October 11, 2023
National Crime Information Center, News, Law enforcement, Insurance, National Insurance Crime Bureau, David Glawe, NCIC, NICB, National Insurance, Cryptocurrency

DES PLAINES, Ill., Oct. 11, 2023 /PRNewswire/ --The United States continues to be plagued by near-record levels of vehicle thefts, according to a new report released by the National Insurance Crime Bureau (NICB), the insurance industry's not-for-profit association dedicated to predicting, preventing, and prosecuting insurance crime. The report showed that nearly 500,000 vehicles were reported stolen nationwide in the first half of 2023, marking an increase of more than two percent compared to the first half of 2022. Illinois represented the largest increase in vehicle thefts of any state at 38 percent, followed by New York with a 20 percent increase and Ohio with a 15 percent increase over the first half of 2022. The report was released to coincide with National Crime Prevention Month, which shines a spotlight on crime prevention and personal safety every October.

Key Points: 
  • Illinois represented the largest increase in vehicle thefts of any state at 38 percent, followed by New York with a 20 percent increase and Ohio with a 15 percent increase over the first half of 2022.
  • "Vehicle thefts increased to near-record highs in the United States last year, and unfortunately, current trends indicate total thefts this year may surpass 2022," said NICB President and CEO David J. Glawe.
  • Analyzing data from the National Crime Information Center (NCIC), NICB's report showed that between January and July 2023, vehicle thefts totaled more than 80,000 thefts per month and peaked in May with 87,993 vehicles reported stolen to law enforcement.
  • The top 10 states with the highest rates of vehicle theft for the first half of 2023 were:
    *Law enforcement agencies may still be entering thefts for the first half of 2023, so these numbers may change.

NICB Pushes D.C. Lawmakers to Crack Down on Fake Vehicle Tags

Retrieved on: 
Thursday, October 5, 2023
Health, Government, Council of the District of Columbia, NICB, Crime, National Insurance Crime Bureau, Insurance, National Insurance, Legislation, Directory, Policy, Private investigator, D.C

WASHINGTON, Oct. 5, 2023 /PRNewswire/ -- The National Insurance Crime Bureau (NICB), the nation's leading not-for-profit organization exclusively dedicated to combatting and preventing insurance crime, is pushing the Washington, D.C. City Council to approve legislation that would provide law enforcement agencies with additional tools to combat counterfeit vehicle tags in the District of Columbia. The use of fraudulent tags has become common for criminals looking to mask their identities, making it difficult for law enforcement to track down getaway cars, hindering law enforcement's ability to identify suspects, and enabling drivers to plot easier escapes and evade tollways. The Washington, D.C. City Council held a hearing this week focused on the Fraudulent Vehicle Tag Enforcement Amendment Act of 2023, which would address this growing problem.

Key Points: 
  • The Washington, D.C. City Council held a hearing this week focused on the Fraudulent Vehicle Tag Enforcement Amendment Act of 2023, which would address this growing problem.
  • This legislation will help deter bad actors and criminal organizations and help law enforcement investigate individuals who knowingly produce and distribute fraudulent tags."
  • "We can't continue to allow car owners to buy untraceable tags or allow their tags to stay expired for months or years to evade accountability.
  • Unfortunately, experience has shown that premeditated reckless driving is often associated with vehicles that have these kinds of tags," said Councilmember Nadeau.

DCS Announces Software Licensing and Managed Logistics Services Agreement with CATrak - Catalytic Converter Anti-Theft Solution

Retrieved on: 
Thursday, September 28, 2023
Insurance, Theft, CSE, Catalysis, Information technology, State Farm, Internet of things, National Insurance, Platinum, FSE, Palladium, Catalytic converter, Good, Gold, OTCQX, Communication, DCS, Catrake Force, Transport, National Insurance Crime Bureau, Rhodium, Airline

According to NCIB, the US experienced more than 64,000 catalytic converter thefts in 2022.

Key Points: 
  • According to NCIB, the US experienced more than 64,000 catalytic converter thefts in 2022.
  • Leading the country in thefts are California and Texas, which experienced more than 32,000 catalytic converter thefts in 2022.
  • The CATrak Catalytic Converter Theft Prevention solution is a unique first line of defence preventing the widespread and costly problem of catalytic converter theft, which has a massive financial impact on the transportation industry" said Dave Scowby, COO of DCS.
  • "Leveraging the DCS managed logistics services, allows CATrak to dedicate its efforts on delivering our solution in a time where the transportation industry is experiencing a huge spike in catalytic converter thefts, costing victims and insurance companies millions of dollars in replacement parts and vehicle downtime."

Assurant Partners with Kudelski IoT’s RecovR Solutions to Offer Theft Recovery and Inventory Management for Automotive Customers

Retrieved on: 
Monday, September 25, 2023
NICB, Communication, Cheseaux-sur-Lausanne, Partnership, OBDII, Assurant, AIZ, Senior, Internet of things, National Insurance, GA, National Insurance Crime Bureau, Car, Schmidbauer, Kudelski Group, NYSE, Lot, Online shopping, Cryptocurrency

Assurant will offer RecovR as part of its comprehensive Assurant Vehicle Care suite of vehicle protection products.

Key Points: 
  • Assurant will offer RecovR as part of its comprehensive Assurant Vehicle Care suite of vehicle protection products.
  • Kudelski IoT has developed RecovR, an innovative two-in-one lot management and theft recovery solution, which boosts operational efficiency by minimizing inventory search time and providing data to optimize vehicle reconditioning steps.
  • This empowers sales teams to efficiently locate vehicles, enhancing customer satisfaction and sales effectiveness, all while offering dealer customers state-of-the-art technology and an intuitive theft recovery solution.
  • This collaboration between Assurant and RecovR introduces additional revenue opportunities to Assurant’s dealer customers selling RecovR while addressing the pressing need for theft recovery solutions given the rising vehicle theft rates in the United States.

National Insurance Crime Bureau Names Rich DiZinno as General Counsel

Retrieved on: 
Wednesday, August 23, 2023
NICB, Dan Sullivan (U.S. senator), Howrey, Insurance, General counsel, Private sector, College, Senate, Office of Inspector General, U.S. Department of Health and Human Services, National security, George Washington University School of Business, National Insurance, Government Affairs Institute, DOJ, Holy Cross, Crime, U.S. Department of Justice Office of Legislative Affairs, Privacy, Homicide, Associate, Government, National Insurance Crime Bureau, Rich, Judiciary committee, PCLOB, Private investigator, Fraud, Policy

DES PLAINES, Ill., Aug. 23, 2023 /PRNewswire/ -- The National Insurance Crime Bureau (NICB), the insurance industry's association dedicated to predicting, preventing, and prosecuting insurance crime, announces Rich DiZinno as the organization's new General Counsel, effective September 1.

Key Points: 
  • DES PLAINES, Ill., Aug. 23, 2023 /PRNewswire/ -- The National Insurance Crime Bureau (NICB), the insurance industry's association dedicated to predicting, preventing, and prosecuting insurance crime, announces Rich DiZinno as the organization's new General Counsel, effective September 1.
  • Prior to joining NICB, DiZinno served as Associate Deputy Attorney General for the U.S. Department of Justice (DOJ), advising the Deputy Attorney General and Acting Attorney General on the most significant national security matters at DOJ.
  • He has also served as the Chief Counsel for National Security and Crime for the U.S. Senate's Judiciary Committee.
  • DiZinno began his legal career at Howrey LLP, a specialty litigation firm in Washington D.C., working on white-collar, antitrust, and complex litigation.