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NICB Report Shows Vehicle Thefts Driven Down—Again

June 23, 2011 Comments off

NICB Report Shows Vehicle Thefts Driven Down—Again
Source: National Insurance Crime Bureau
From (horrible Flash-based) news release:

The National Insurance Crime Bureau (NICB) reported today that 2010 continued the trend of declining national vehicle thefts for the seventh consecutive year. While the top five hot spots for 2010 showed an increase in thefts over the previous year, the other areas on the top 10 list actually had fewer thefts.      

For 2010, the 10 Metropolitan Statistical Areas (MSA) with the highest vehicle theft rates were:
1.  Fresno, Calif.
2.  Modesto, Calif.                                   
3.  Bakersfield-Delano, Calif.
4.  Spokane, Wash.
5.  Vallejo-Fairfield, Calif.
6.  Sacramento/Arden-Arcade/Roseville, Calif.
7.  Stockton, Calif.
8.  Visalia-Porterville, Calif.
9.  San Francisco/Oakland/Fremont, Calif.
10. Yakima, Wash.

Categories: crime, lists and rankings, motor vehicles, National Insurance Crime Bureau

NICB Releases 2010 Report on Cargo Theft

May 26, 2011 Comments off

NICB Releases 2010 Report on Cargo Theft
Source: National Insurance Crime Bureau

The National Insurance Crime Bureau (NICB) today issued its 2010 National Cargo Theft report. NICB identified 747 cargo thefts across the nation in 2010 with an estimated loss value of $171,000,000. Cargo theft can occur at anytime and anyplace while goods are in transit between shipper and destination, regardless of transport mode. Although most thefts are from freight moving primarily by truck or rail, intermodal and air freight are susceptible as well.

The states with the most cargo theft incidents were: California (247), Texas (91), Florida (66), Illinois (56), Tennessee (40) and Georgia (39). Electronics were most often the theft target (139 thefts) followed by food (108) and clothing (73). The month of February saw the most thefts with 113 followed by August (78) and June (76).

Through careful review of cargo theft incident data, NICB analysts have identified patterns and locations where most cargo theft occurs. As might be expected, truck stops, parking lots, warehouses and port cities have the most theft activity.

+ Full Report (PDF)

Categories: business and economics, crime, lists and rankings, maritime and shipping, motor vehicles, National Insurance Crime Bureau, transportation and travel

Insurance — NICB Reports 34 Percent Rise in Florida Suspicious Claims Since 2008

May 1, 2011 Comments off

NICB Reports 34 Percent Rise in Florida Suspicious Claims Since 2008
Source: National Insurance Crime Bureau

The National Insurance Crime Bureau (NICB) today released its 2010 questionable claims (QC) referral reason analysis for Florida. The report examines QCs associated with Florida and referred to NICB during the period from January 1, 2008 through December 31, 2010.

In 2008, a total of 6,508 Florida QCs were referred to NICB from its member insurance companies compared with 7,447 in 2009 and 8,724 in 2010. That represents an increase of 34 percent from 2008 compared with 2010. Questionable claims are those claims that NICB member insurance companies refer to NICB for closer review and investigation based on one or more indicators of possible fraud. A single claim may contain up to seven referral reasons.

+ Full Report (PDF)

See also: 2010 QC Analysis

Categories: business and economics, consumer issues, financial crime and fraud, insurance and risk, National Insurance Crime Bureau
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