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NICB: INSURANCE FRAUD ADDS BILLIONS OF DOLLARS TO INSURER PAYOUTS AFTER DISASTERS

Recognizing Fraud Scams Can Help Disaster Survivors Recover

DES PLAINES, Ill., May 17, 2022 /PRNewswire/ -- According to the National Insurance Crime Bureau (NICB), property and casualty insurers paid $4.6 billion to $9.2 billion extra in disaster claims due to insurance fraud in 2021, a cost policyholders bear through their insurance premiums. During NICB's second annual Contractor Fraud Awareness Week May 23 – 27, NICB will educate on how to identify and avoid unscrupulous contractors.

Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/8991752-nicb-insurance-fraud-adds-billions-to-insurer-payouts-after-disasters/