National Insurance Crime Bureau Law and Legal Definition

The National Insurance Crime Bureau (NICB) is a non-profit organization based in North America. The organization aims to fight insurance fraud and crime. To achieve its mission it receives support from nearly thousand property/casualty insurance companies.

The NICB works with insurers and law enforcement agencies to facilitate the identification, detection, and prosecution of insurance criminals. It also seeks help from the representatives of the public to prevent and combat insurance fraud and crime. The NICB in co-operation with the other agencies conducts investigations, training, legislative advocacy and public awareness to achieve its mission.

The NICB was created by the insurance industry to address crimes related to insurance and to work closely with law enforcement agencies. It is located in Illinois. The NICB focuses mainly on motor vehicle theft. The members of the NICB are insurance companies and the self-insured.