National Insurance Crime Bureau
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The National Insurance Crime Bureau (NICB) is a
U.S. The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territori ...
insurance industry Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge ...
trade association focused on preventing, detecting and defeating
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 ...
and vehicle theft through information analysis, investigations, training, legislative advocacy and public awareness. NICB's headquarters are in
Des Plaines, Illinois Des Plaines is a city in Cook County, Illinois, United States. Per the 2020 census, the population was 60,675. The city is a suburb of Chicago and is located just north of O'Hare International Airport. It is situated on and is named after the ...
. Much of NICB's focus is on
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 reporte ...
. It has advocated for better
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 ...
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 Prevention Institute (ICPI), both of which were
not-for-profit organizations 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 co ...
. NATB, founded in the early 20th century, managed vehicle theft investigations and developed vehicle theft databases for use by the
insurance industry Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge ...
. ICPI investigated
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 ...
for approximately 20 years before joining with the NATB to form the National Insurance Crime Bureau. NICB is supported by more than 1,100 property and casualty
insurance companies Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge ...
and self-insured companies dedicated to combating
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 ...
and
crime In ordinary language, a crime is an unlawful act punishable by a State (polity), state or other authority. The term ''crime'' does not, in modern criminal law, have any simple and universally accepted definition,Farmer, Lindsay: "Crime, definit ...
. David J. Glawe is the current
President President most commonly refers to: *President (corporate title) *President (education), a leader of a college or university *President (government title) President may also refer to: Automobiles * Nissan President, a 1966–2010 Japanese ful ...
and
Chief Executive Officer A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...
of NICB.


References

{{authority control Law enforcement in the United States Insurance in the United States Insurance fraud