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Last updated on April 19, 2014 at 1:20 EDT

Latest Insurance fraud Stories

2011-11-28 10:55:00

LIVONIA, Mich., Nov. 28, 2011 /PRNewswire/ -- The race is on! With the holiday season now in full swing, department stores, malls and downtown streets are packed with shoppers looking for great gifts and last-minute deals. Unfortunately, it's that hustle and bustle of long lists and large crowds that opportunistic criminals are counting on to distract holiday shoppers and make them easy targets for vehicle break-ins, carjacking and other auto theft-related crimes. According to...

2011-11-15 09:15:00

TALLAHASSEE, Fla., Nov. 15, 2011 /PRNewswire/ -- The Gear Up Florida Coalition, comprised of Florida residents, law enforcement agencies and business associations, is dedicated to protecting Florida's insurance consumers from soaring costs resulting from the criminal abuse of Florida's no-fault law. "We want to end automobile accident fraud and the organized systems that support it," said Associated Industries of Florida General Counsel Tammy Perdue. "Legislative action in 2012 is...

2011-11-09 11:03:00

LONDON, November 9, 2011 /PRNewswire/ -- Experian, a leading global information services company, has announced its solution to the growing illegal business of insurance fraud, suggesting that insurers use online tools and data analysis technology instead of traditional, error-prone methods. Fraud in the UK is a growing billion-pound illegal business with fraudsters finding new and inventive ways of targeting weaknesses in data systems. Insurers are far from immune....

2011-11-08 05:00:00

If the Price Is Too Good to be True, Beware DES PLAINES, Ill., Nov. 8, 2011 /PRNewswire-USNewswire/ -- As East Coast residents begin to rebuild and recover from Hurricane Irene and its aftermath, the National Insurance Crime Bureau (NICB) wants consumers all across the country to be alert for flood vehicles that could begin to appear on the used car market. From Maine to North Carolina, an analysis of insurance claims processed by NICB member companies shows that during last August...

2011-09-21 05:00:00

As With Passenger Cars, Thieves Prefer Honda Cycles DES PLAINES, Ill., Sept. 21, 2011 /PRNewswire-USNewswire/ -- The National Insurance Crime Bureau today reported that in 2010, motorcycle thefts were down 24 percent from their 2007 total. There were 65,678 motorcycles reported stolen in 2007 compared with 49,791 in 2010--a decline of 24 percent. All data is from theft reports contained in the National Crime Information Center. The top five makes stolen last year were: (1) Honda,...

2011-09-15 05:00:00

Medical-Related Claims and Vehicle Hail Damage Post Sharp Increases DES PLAINES, Ill., Sept. 15, 2011 /PRNewswire-USNewswire/ -- The National Insurance Crime Bureau today released its first half 2011 questionable claims (QC) referral reason analysis. The report examines six referral reason categories of claims--property, casualty, commercial, workers' compensation, vehicle and miscellaneous--for the first half of 2009, 2010 and 2011. Questionable claims are claims that NICB member...

2011-09-13 05:00:00

As With Vehicles Watercraft Thefts Are Sinking DES PLAINES, Ill., Sept. 13, 2011 /PRNewswire-USNewswire/ -- The National Insurance Crime Bureau (NICB) today released its latest report on watercraft theft and recoveries in the United States. The report examines watercraft* theft and recoveries from January 1, 2009 through May 31, 2011 as contained in the National Crime Information Center (NCIC) for all 50 states plus the District of Columbia. Overall, there were 16,115 reported...

2011-08-02 07:00:00

DES PLAINES, Ill., Aug. 2, 2011 /PRNewswire/ -- The National Insurance Crime Bureau today released Hot Wheels--its list of the 10 most stolen vehicles in the United States. The report examines vehicle theft data submitted by law enforcement to the National Crime Information Center (NCIC) and determines the vehicle make, model, and model year most reported stolen in 2010. To view the multimedia assets associated with this release, please click:...

2011-07-14 09:36:00

LIVONIA, Mich., July 14, 2011 /PRNewswire/ -- As the summer months bring warmth the warmth in turn brings out car thieves. Auto theft peaks in the hot months of July and August. H.E.A.T. (Help Eliminate Auto Thefts) once again cautions Michigan drivers to stay alert and be aware of their surroundings this summer as the rise in temperature often gives thieves easy access to vehicles and personal property. "School is out for the summer, which means vacations and outdoor activities with...

2011-07-13 07:00:00

CHESTER, England, July 13, 2011 /PRNewswire/ -- - One in 20 motorists under 35 confess to having 'staged' or invented an accident and claimed successfully - 1.3 million of all motorists have or would consider staging a car accident to claim on their insurance Recession-hit drivers in the UK are resorting to dangerous measures to make extra cash, according to moneysupermarket.com [http://www.moneysupermarket.com ]. Research from...