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As auto thefts rise across the country, lawmakers are considering measures to stem the tides.
Unscrupulous towing operators have charged as much as $10,000 for a routine tow, the NICB reports.
The latest insurance industry personnel news from Acrisure Re, CRC Group, Clyde & Co and more.
Fraud adds 5%-10% to the overall amount in claims paid after a disaster, according to the National Insurance Crime Bureau.
Every motorcycle manufacturer has known for decades of the safety importance of including a headlight system which provides important visual cues to other motorists to minimize cross-over collisions.
Illinois, New York and Ohio saw double-digit increases in the rate of stolen vehicles during the first half of 2023, according to the NICB.
State Farm alleges the fraud scheme operated for more than a decade.
An insurer's special investigations unit seeks the truth by surveying each claim individually and independently.
While teen roadway deaths were up in 2020, the past decade saw an overall decline, ValuePenguin reports.
The NICB reports that as much as $10 billion in disaster insurance payments was lost to contractor fraud in 2022.
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