National Insurance Crime Bureau

International Fraud Awareness Week

Fraud Week Supporter

It’s International Fraud Awareness Week sponsored by the Association of Certified Fraud Examiners. It’s a global effort to minimize the impact of fraud by promoting anti-fraud awareness and education. Here at NICB we are continuously engaged with our members and law enforcement partners in the fight against insurance fraud and theft, but we can’t do it alone. We support weeks like this to call attention to a major problem that’s not just impacting the United States, but countries all over the world. 

Fraud Week GIF

You see news stories everyday about people committing insurance fraud. In fact, insurance industry estimates indicate that 10 percent or more of property-casualty insurance claims may be fraudulent. Fraud is the second most costly white-collar crime in America after tax evasion. 

Insurance fraud has very real consequences as it increases the cost of insurance for everyone, which means we all have a role to play in tackling this problem.  

From organizations like NICB, insurance companies, law enforcement, and policymakers we all can work together to educate the public and stop criminals from taking advantage of hard-working citizens.  

Educating the public and consumers about what to look for and how to combat insurance crime is crucial to our success and mission. When a deal seems too good to be true, it’s likely a scam.   

Departments of Insurance in each state offer fraudulent reporting hotlines where consumers can report fraudulent activities or persons they encounter. You can also call 800.TEL.NICB to report insurance fraud, or submit an anonymous tip online. 

Report Fraud

The protective resources for consumers are out there, we just need to remind them.  

Anyone with information concerning insurance fraud or vehicle theft can report it anonymously by calling toll-free 800.TEL.NICB (800.835.6422) or submitting a form on our website.

About the National Insurance Crime Bureau: Headquartered in Des Plaines, Ill., the NICB is the nation's leading not-for-profit organization exclusively dedicated to preventing, detecting and defeating insurance fraud and vehicle theft through data analytics, investigations, learning and development, government affairs and public affairs. The NICB is supported by more than 1,300 property and casualty insurance companies and self-insured organizations. NICB member companies wrote over $496 billion in insurance premiums in 2018, or more than 81% of the nation's property-casualty insurance. That includes more than 92% ($254 billion) of the nation's personal auto insurance. To learn more visit www.nicb.org.