Questionable Claims Up 19% Since 2009

 Tuesday, February 28, 2012

 Insurance Networking News

Over a two-year timeframe, from 2009 to 2011, there was a 19-percent increase in questionable claims referred to the National Insurance Crime Bureau (NICB), according to an NICB report released today. NICB member insurance companies forward claims for closer review and investigation as to possible fraud to the not-for-profit organization, which focuses on preventing, detecting and defeating insurance fraud and vehicle theft through data analytics, investigations, training, legislative advocacy and public awareness. A single claim may contain up to seven referral reasons.
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