Joe Wehrle, NICB President, to Address International Financial Crimes Investigators

Insurance Fraud and its Impact on the Insurance Industry

PHOENIX, Ariz.—National Insurance Crime Bureau President and Chief Executive Officer, Joe Wehrle, will address the International Association of Financial Crimes Investigators during its annual training conference today in Phoenix.

Wehrle will provide an overview of the changing face of insurance fraud and how it is impacting the property and casualty insurance industry. From medical fraud rings to organized criminal elements hijacking goods from interstate transportation networks, Wehrle will describe what NICB investigators and their insurance and law enforcement colleagues are encountering across America—and what NICB is doing to stop it.

Topics to be discussed include NICB's major medical fraud task force operations, the alarming rise in questionable claims, stolen vehicle and specialized equipment recovery efforts and NICB's analysis of vehicle finance scams.

Wehrle will address attendees comprised of law enforcement, bank and credit card fraud investigators, retail merchant investigators and loss prevention professionals, among others, during two presentations beginning at 2:00pm today at the JW Marriott Desert Ridge Hotel. For additional information visit here.

About the IAFCI: The association, a non-profit international organization, will provide services and an environment within which information about financial fraud, fraud investigation and fraud prevention methods can be collected, exchanged and taught for the common good of the financial payment industry and our global society. To learn more visit https://www.iafci.org.

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, training, legislative advocacy and public awareness. The NICB is supported by more than 1,100 property and casualty insurance companies and self-insured organizations. NICB member companies wrote $371 billion in insurance premiums in 2013, or more than 78 percent of the nation's property/casualty insurance. That includes more than 93 percent ($168 billion) of the nation's personal auto insurance.

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 Oak Brook, Ill., the NICB is the nation's leading not-for-profit organization exclusively dedicated to combatting and preventing insurance crime through Intelligence, Analytics, and Operations; Education and Crime Prevention; and Strategy, Policy, and Advocacy. The NICB is supported by more than 1,200 property-casualty insurers, self-insureds, rental car, vehicle finance, and auto auctions. To learn more, visit www.nicb.org.