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Big Leaps, Small Numbers

The National Insurance Crime Bureau (NICB), a not-for-profit organization dedicated exclusively to fighting insurance fraud and vehicle theft, has released its analysis of reported suspicious activity for the first half of 2009.

By Joan E. Collier, Joan E. Collier | Updated on September 15, 2009

The National Insurance Crime Bureau (NICB), a not-for-profit organization dedicated exclusively to fighting insurance fraud and vehicle theft, has released its analysis of reported suspicious activity for the first half of 2009.

The NICB “partners with insurers and law enforcement agencies to facilitate the identification, detection and prosecution of insurance criminals,” according to its web site. The organization collects information on and tracks suspicious insurance claims in the property, casualty, commercial, workers’ compensation, and vehicle arenas; referrals with no discernible category are placed in a miscellaneous column. For the first half of 2009, the NICB data showed increases in nearly all referral categories compared with the first half of 2008.

In its report, the group noted that it received 41,619 questionable claims in the first half of 2009, compared with 36,743 during the same period in 2008. These are claims that NICB member insurance companies refer to NICB for closer review and investigation based on one or more indicators of fraud. The full report is available at www.nicb.org.

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