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National Insurance Crime Bureau

International Fraud Awareness Week 2020

International Fraud Awareness Week is here again! For 20 years, the Association of Certified Fraud Examiners has utilized Fraud Week to raise awareness about fraud and how to prevent it. The National Insurance Crime Bureau is happy to be an official supporter of this week. 

Fraud Awareness Week

Fighting fraud is a team effort. That is why the NICB works with insurers, law enforcement agencies, state fraud bureaus, and representatives of the public to proactively identify, combat, and prevent insurance crime and fraud.  

In order to provide a significant impact for our members and the insurance industry, NICB developed three core competencies – our Pillars of Success.  

  • Intelligence & Analytics – Using predictive intelligence, we must identify risks and anticipate emerging threats. 
  • Learning & Development – We will provide ample opportunity for members and law enforcement to develop their career.  
  • Strategy, Policy, & Plans - We will identify trends and define our position on a variety of rules, regulations, and legislation. 
Fraud Awareness Week Blog

According to the FBI, the total cost of insurance fraud is more than $40 billion per year. That averages to $400 - $700 per family.  

Even if you haven’t suffered a direct loss, you are still a victim of fraud. Insurance fraud causes higher insurance premiums for all of us. 

The Department of Insurance in each state offers fraud reporting hotlines where consumers can report fraudulent activities or persons they encounter. You can also call 800.TEL.NICB to report insurance fraud to the National Insurance Crime Bureau, or submit an anonymous tip online

Join us in promoting anti-fraud awareness and educating others about the effects of fraud. 

 

To learn how you can help, visit https://fraudweek.com/fraudweek/resources

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 1,400 property and casualty insurance companies and self-insured organizations. NICB member companies wrote over $525 billion in insurance premiums in 2019, or more than 82% of the nation's property-casualty insurance. That includes more than 95% ($241 billion) of the nation's personal auto insurance. To learn more visit www.nicb.org.