Vehicle Theft Protection Program
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Vehicle Theft Protection Program
Vehicle Theft Protection Program is an educational initiative in North America started by the National Insurance Crime Bureau (NICB) and LoJack, LoJack Corporation designed to help owners of cars, motorcycles, construction equipment and commercial vehicles better understand how to protect their assets from theft. The two theft prevention organizations kick off the annual program each year by designating July as "National Vehicle Theft Protection Month", as July has one of the highest vehicle theft rates. History The Vehicle Theft Protection Program was launched in late June 2007 by NICB, a not-for-profit organization dedicated to stopping vehicle theft and insurance fraud, and LoJack Corporation, a company that provides tracking and recovery systems for stolen mobile assets. As part of the program, the organizations commissioned a national survey of 1,000 adults to determine areas where consumers needed the most education regarding vehicle theft protection. The survey found ...
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North America
North America is a continent in the Northern Hemisphere and almost entirely within the Western Hemisphere. It is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South America and the Caribbean Sea, and to the west and south by the Pacific Ocean. Because it is on the North American Plate, North American Tectonic Plate, Greenland is included as a part of North America geographically. North America covers an area of about , about 16.5% of Earth's land area and about 4.8% of its total surface. North America is the third-largest continent by area, following Asia and Africa, and the list of continents and continental subregions by population, fourth by population after Asia, Africa, and Europe. In 2013, its population was estimated at nearly 579 million people in List of sovereign states and dependent territories in North America, 23 independent states, or about 7.5% of the world's population. In Americas (terminology)#Human ge ...
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National Insurance Crime Bureau
The National Insurance Crime Bureau (NICB) is a U.S. insurance industry trade association focused on preventing, detecting and defeating insurance fraud and vehicle theft through information analysis, investigations, training, legislative advocacy and public awareness. NICB's headquarters are in Des Plaines, Illinois. Much of NICB's focus is on motor vehicle theft. It has advocated for better insurance fraud statutes in the criminal codes drafted by state legislatures. Tools and reports the NICB provides to combat car theft include VINCheck, "a free lookup service provided to the public to assist in determining if a vehicle may have a record of an insurance theft claim", a Report Fraud hotline, and two reports: Hot Wheels, which lists the most commonly stolen vehicles; and Hot Spots, the locations across the United States where auto thefts are most common. History NICB was formed in 1992 by a merger of the National Automobile Theft Bureau (NATB) and the Insurance Crime Pre ...
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LoJack
LoJack is a stolen vehicle recovery and IoT connected car system that utilizes GPS and cellular technology to locate users' vehicles, view trip history, see battery levels, track speeding, and maintain vehicle health via a native app. Prior to selling a vehicle, LoJack dealers can use the system to manage and locate inventory, view and manage battery health, and recover stolen inventory. History The original LoJack system was created and patented in 1979 by William Reagan, a former Medfield, Massachusetts police commissioner, who went on to establish LoJack Corporation in Medfield. Reagan served as the company's first CEO and Chairman. The name "LoJack" was coined to be the "antithesis of hijack", wherein "hijack" refers to the theft of a vehicle through force. The original LoJack was a hardware and radio based system designed to prevent theft of a vehicle and aid in the vehicle’s recovery by transmitting vehicle location to the LoJack receiver. It was installed in the vehicle ...
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Not-for-profit Organization
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a Profit (accounting), profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be Tax exemption, tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. Key aspects of nonprofits are accountability, trustworth ...
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Insurance Fraud
Insurance fraud is any act committed to defraud an insurance process. It occurs when a claimant attempts to obtain some benefit or advantage they are not entitled to, or when an insurer knowingly denies some benefit that is due. According to the United States Federal Bureau of Investigation, the most common schemes include premium diversion, fee churning, asset diversion, and workers compensation fraud. Perpetrators in the schemes can be insurance company employees or claimants. False insurance claims are insurance claims filed with the fraudulent intention towards an insurance provider. Insurance fraud has existed since the beginning of insurance as a commercial enterprise.Manes, Alfred. "Insurance Crimes."
p. 34.
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Motor Vehicle Theft
Motor vehicle theft (also known as a car theft and, in the United States, grand theft auto) is the criminal act of stealing or attempting to steal a motor vehicle. Nationwide in the United States in 2020, there were 810,400 vehicles reported stolen, up from 724,872 in 2019. Property losses due to motor vehicle theft in 2020 were estimated at $7.4 billion. There were 505,100 car thefts in the EU in 2019, a 43% decrease from 2008. Methods Some methods used by criminals to steal motor vehicles: * Theft of an unattended vehicle without a key: the removal of a parked vehicle either by breaking and entry, followed by hotwiring or other tampering methods to start the vehicle, or else towing. In London, the police say that 50% of the annual 20,000 car thefts are now from high-tech OBD (Onboard Diagnostic Port) key-cloning kits (available online) and bypass immobilizer simulators. * Taking without owner's consent (TWOC): the unauthorized use of a car short of theft. This term is us ...
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