NICB: Michigan Questionable Claims Rise 49 Percent 2009-2011
Detroit, Dearborn, Flint Generate Most
DES PLAINES, Ill., Dec. 12, 2012 /PRNewswire-USNewswire/ -- The National Insurance Crime Bureau (NICB) today released its 2009-2011 Michigan questionable claims referral reason analysis. Questionable claims (QC) are those claims that NICB member insurance companies refer to NICB for closer review and investigation based on one or more indicators of possible fraud. A single claim may contain up to seven referral reasons. This report analyzes QCs by loss city, core-based statistical area (CBSA), policy type, loss type, policy and loss type combined and referral reasons.
In 2009, there were 2,973 MI QCs referred to NICB from its member insurance companies. In 2010, the number increased to 5,023 and in 2011, it dropped to 4,434—a 49 percent increase over 2009's figure.
The top five cities in Michigan generating the most QCs last year were Detroit (1,341), Flint (88), Dearborn (86), Southfield (65), and Warren (64). The top five CBSAs reporting QCs were Detroit-Warren-Livonia, Flint, Grand Rapids-Wyoming, Lansing-East Lansing, and Ann Arbor. The top five loss types were: personal injury protection, theft, collision, glass and bodily injury.
The full report is available here.
Anyone with information concerning vehicle theft and insurance fraud can report it anonymously by calling toll-free 1-800-TEL-NICB (1-800-835-6422), texting keyword "fraud" to TIP411 (847411) or by visiting our Web site at www.nicb.org. Or, iPhone or iPad users can download the NICB Fraud Tips app to make it easy to quickly send a tip and get a response
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 $319 billion in insurance premiums in 2010, or approximately 80 percent of the nation's property/casualty insurance. That includes more than 94 percent ($152 billion) of the nation's personal auto insurance. To learn more visit www.nicb.org.
SOURCE National Insurance Crime Bureau
More by this Source
NICB: Where Storms Hit Fraud Often Follows
Apr 16, 2014, 06:00 ET
Cook County State's Attorney's Office and NICB to Focus on Insurance Fraud Prosecutions
Mar 31, 2014, 06:00 ET
Florida's No-Fault Reform: Trending in the Right Direction
Mar 27, 2014, 06:00 ET
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.