Hail Bombs, Flooding and Stolen Vehicles Highlight NICB’s Fall Newscast

In this edition of NICB News we focus on the devastating floods in Louisiana, a major hailstorm in Colorado and check in at this year’s IASIU conference in Las Vegas.

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

Event Recognizes IASIU’s 30th Anniversary

_WehrleIASIU2014RevisedGREENSBORO, N.C., Sept. 15, 2014 — 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.”

Read the full press release.