Search Results

When comparing member QCs logged in 2011, 2012, and 2013, the NICB noticed a 24-percent uptick.

Even as the overall number of workers compensation claims wanes, the suspicious onesor those designated questionable claims (QCs)are actually increasing, according to the National Insurance Crime Bureau (NICB). When the Des Plaines, Ill.-based not-for-profit organization examined referrals dating from Jan. 1, 2011 through June 30, 2013, it found that medical...

Fraud may cost the P&C insurance industry $80 billion annually by 2015. To disarm increasingly ambitious fraudsters, insurers must harness the sophisticated tech tools at their fingertips.

Insurance fraud may cost the P&C industry $80 billion annually by 2015. To disarm increasingly ambitious fraudsters, insurers must harness the sophisticated tech tools at their fingertips.

Insurance fraud may cost the P&C industry $80 billion annually by 2015. To disarm increasingly ambitious fraudsters, insurers must harness the sophisticated tech tools at their fingertips.

More than 2 million hail damage claims were processed from January 1, 2010 to December 31, 2012, the NICB reports. Of those, how many contained indicators that prompted further investigation?

NICB points to a dramatic increase in hail-related losses, noting more than 2 million claims were processed from 2010 to 2012. States such as Texas and Missouri have been riddled with damage.

What are the top reasons hail damage claims are referred to NICB? Which months are prone to hail events? Learn all about hail damage claims here.