The year was 1912 and Woodrow Wilson was president. Jim Thorpe won Olympic gold in the decathlon and pentathlon events at Stockholm, Sweden. New Mexico became the 47th state in January followed a month later by Arizona, completing the contiguous U.S. In April, RMS Titanic came to rest on the Atlantic Ocean floor at a depth of over 12,500 feet.
On assembly lines pioneered by Henry Ford, roughly 50,000 utilitarian Model T Touring Cars would be cranked out in 1912—at a cost to eager buyers of $690. While some Americans today annually spend that amount and more on coffee, $690 was a small fortune in 1912, resulting in the creation of a new class of criminal, the car thief.
In recent years, vehicle theft has declined, because of better anti-theft technology and law enforcement efforts. Many of the professional thieves have moved on to more insidious and lucrative kinds of insurance crimes, such as medical fraud and cargo theft. NICB, while maintaining its core mission of vehicle recovery, has also taken a lead role in combating these crimes.
When NICB questionable claims’ analysis showed a dramatic increase in medical fraud associated with auto policies, NICB established, in 2002, its first Major Medical Fraud Task Force (MMFTF) operations in south Florida and New York City. Consisting of dedicated NICB special agents and analytical resources, these task forces also work closely with law enforcement and insurance company special investigation unit personnel.