Joe Wehrle, NICB President, to Address International Association of Special Investigation Units Annual Seminar

GREENBORO, N.C., Sept. 15, 2014 /PRNewswire-USNewswire/ -- National Insurance Crime Bureau (NICB) President and Chief Executive Officer, Joe Wehrle, addresses the International Association of Special Investigation Units (IASIU) during its annual training seminar today in Greensboro.  

In his remarks to the 700 in attendance, Wehrle will place special focus on emerging vehicle theft scams that utilize vehicle financing schemes and counterfeit vehicle identification numbers to obtain and resell stolen vehicles to innocent consumers or export them overseas. 

"Many of today's thefts aren't showing up in the annual theft statistics that show a downward trend in auto theft," says Wehrle. "That's because they are considered financial crimes. They are impacting the manufacturers, the lenders, rental companies, the dealers and, in some instances, the insurance companies. And I'm here to tell you they are largely high dollar thefts involving newer vehicles - and they are costing the American economy millions, perhaps billions of dollars a year."

Wehrle will address attendees comprised of insurance company fraud investigators, local, state and federal law enforcement officers and others in attendance at the Sheraton Greensboro Hotel at Four Seasons. For additional information visit here.

For interviews with Mr. Wehrle, contact Roger Morris onsite at 614.975.0585 or [email protected].

About the International Association of Special Investigation Units: founded in 1984 by a group of insurance industry fraud investigators, IASIU is a non-profit organization dedicated to promoting a coordinated effort within the industry to combat insurance fraud. Membership is made up of more than 4,000 individuals representing more than 600 insurance and self-insured companies around the world. Chapters exist throughout the United States, Canada and Europe to enable IASIU members to better address industry issues.

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. To learn more visit www.nicb.org.

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SOURCE National Insurance Crime Bureau