NICB reports a 27 percent increase in questionable claims from 2010-PR Newswire (press release)

2012 Referrals reach higher

DES PLAINES, Ill., Feb. 12,/PRNewswire-USNewswire 2013/– the national insurance Crime Bureau (NICB) today released its analysis 2012 questionable credits (QC) referral reason.  During the period from 2010 to 2012, there what a 26.7% increase in Csf called NICB, going from 91,797 in 2010 to 116,268 in 2012, a new record.  In 2011, the total was 100,450.

Questionable claims are those claims that insurance companies of NICB Member refer to NICB for closer review and investigation based on one or more indicators of possible fraud.  A single statement can contain up to seven reasons for postponement.

The report examines six categories of cause for referral of directions: property, casualty, commercial, workers ' compensation, and various vehicle which in 2012, with those set out in 2010 and 2011.

Within the category of properties, "suspected disappearance-loss of jewels" had the highest percentage change-up 86 per cent, while suspect theft/loss (emergency vehicle) due to the higher increase in volume in 2012 from 7,152 10,680 reached in 2011.  In the category vehicle, "hail damage" with 1,505 referrals and "suspicious hit while parked" with 5,006 referrals were the reasons to postpone the first two.

In 2012, the top five States by generating more Csfs were: California (21,935), Florida (10,693), Texas (10,368) New York (9,059), Maryland (4,296).

Although there have been year Dacia in Csf, represent a small percentage of the overall claims processing.  Each year are processed requests above 56 million, making 2012 Csf just 0.20 percent of total compensation.  In addition, while suspected Csf are by definition at the moment of referral they weren't identified as definitive acts of fraud.

The full report is available here and the 2012 total QC State are here.

Anyone who has information concerning insurance fraud can report anonymously by calling toll-free 1-800-TEL-NICB (1-800-835-6422), SMS, keyword "fraud" to TIP411 (847411) or visit our Web site at www.nicb.org.  Or, users of iPhone or iPad can download app NICB fraud tips to make it easier to send a tip and get an answer quickly.

About the national insurance Crime Bureau: headquartered in des Plaines, ill., the NICB is the nation's leading nonprofit organization exclusively dedicated to preventing, detecting and defeating insurance fraud and vehicle theft through information analysis, investigations, training, legislative advocacy and public awareness.  The NICB is supported by more than 1,100 insurance companies property and casualty and loading organizations.  NICB member companies wrote over $339 billion in insurance came in 2011, or about 80 percent of the nation's property/casualty insurance.  That includes more than 94 per cent ($ 156 billion) personal auto insurance in the nation.  For more information visit www.nicb.org.

National insurance Crime Bureau SOURCE

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