Auto Insurance Suspicious Fraud

The article “NICB: Suspicious insurance claims up” by Susan R. Miller found on bizjournals.com says the number of questionable insurance claims increased to 41,619 in the first half of 2009, up from 36,743, in the first half of 2008.

NICB member auto insurance companies send these suspicious claims to the Des Plaines, IL based bureau for investigation and further research based on certain criteria of possible fraudulent activity. The report doesn't look into how many of these referrals actually end up being fraud. It also doesn't consider causal factors. It is looking at raw data only.

Suspicious auto insurance claims were up by 21% in the first half of 2009. Auto glass fraud is the number one type of suspicious auto insurance fraud. Suspicious car theft claims were 6,852, up about 10% from 6,216 in the first part of 2008.