Recent analysis from the National Insurance Crime Bureau (NICB) reveals a 15-percent increase in bodily injury (BI) and personal injury protection (PIP) claims between 2009 and 2010, as well as a 17-percent increase in vehicle collision questionable claims (QCs) during the same period.
For every 100,000 BP/PIP claims in 2009, there were 309 vehicle collision QCs. In 2010, there were 314 per 100,000, or a 2-percent increase.
Though it is not conclusive evidence of fraud, a correlation is suggested in the data collected for these types of claims. Additionally, this correlation can also be compared to the increase in vehicle-related insurance fraud activity in "no-fault" insurance states such as New York and Florida.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
