NICB: Alabama Legislature Tackles Cargo Theft

Senate Bill 127 protects consumers while targeting cargo thieves

Mar 03, 2016, 06:00 ET from National Insurance Crime Bureau

DES PLAINES, Ill., March 3, 2016 /PRNewswire-USNewswire/ -- The Alabama legislature is considering a bill that would create a specific offense for cargo theft. Senate Bill 127 recognizes the impact that cargo theft has across the entire socio-economic spectrum.

Cargo theft is a major national crime problem which adds to the cost of merchandise, food and transportation. Stolen food and pharmaceuticals pose a real health hazard and these commodities, along with electronics, continue to be the favorite target among cargo thieves.

It's not hard to imagine the health implications for innocent consumers who unknowingly buy stolen food or drugs, which have been improperly stored or contaminated as they moved through the illicit commerce stream, believing that they are getting safe and secure products.

NICB produced a public service announcement describing the impact of cargo theft and it has been airing on radio and television stations across the nation. It is available here

NICB urges the Alabama legislature to pass SB 127 and provide law enforcement and prosecutors with a valuable tool in the fight against cargo theft. 

Anyone with information concerning insurance fraud or vehicle theft can report it anonymously by calling toll-free 800-TEL-NICB (800-835-6422), texting keyword "fraud" to TIP411 (847411) or submitting a form on our website. Or, download the NICB Fraud Tips app on your iPhone or Android device.

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 over $395 billion in insurance premiums in 2014, or more than 78 percent of the nation's property/casualty insurance. That includes more than 93 percent ($176 billion) of the nation's personal auto insurance. To learn more visit www.nicb.org.

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SOURCE National Insurance Crime Bureau



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