crime News

Western U.S. States Had Among Highest Car Theft Rates, Report Shows

A new report shows Colorado has the most car thefts, while populous California made the top 10 list. The report’s authors analyzed data from the FBI’s Crime Data Explorer, which showed the amount of motor vehicle thefts in each state …

Thieves Swarm Luxury Malls in Southern California and Other Areas, Driving Retail Crime to $100B

It took just minutes for more than 20 thieves, clad in hoods and masks, to swarm the Nordstrom store in the Westfield Topanga shopping center and make off with $300,000 of handbags and other luxury items. A security guard was …

FTC Says $1 Billion Lost in Cryptocurrency Scams Since 2021

According to a report from the FTC, over 46,000 people lost over $1 billion in cryptocurrency from scams since the start of 2021. The losses in 2021 ($680 million) were nearly six time what they were in 2018. In the …

Legal Marijuana Stores Linked to Increased Property Crime

Legal marijuana shops are linked to higher levels of property crime in nearby areas, according to a nearly three-year study in Denver. Researchers found that crime isn’t higher in the area immediately surrounding marijuana outlets. But adjacent areas saw about …

CorPro, AIG Offer Management Liability Products for Small, Mid-Sized Firms

CorPro Underwriting Managers will now offer directors and officers, employment practices, fiduciary and crime insurance coverage to small and mid-sized enterprises through its partnership with subsidiaries of American International Group Inc. This partnership provides a single point of entry exclusively …

IronPro Enters Fidelity, Crime Insurance Market

IronPro, the U.S. professional and management liability unit of Ironshore Inc., is entering the fidelity & crime insurance market with product capacity limits available of up to $30 million. Kevin Finn has been named IronPro’s Fidelity & Crime product manager, …

Schinnerer Adds Crime, Kidnap, Ransom Coverage to Non-Profit Program

Victor O. Schinnerer & Co. has added crime and kidnap, ransom, and extortion coverages to its suite of offerings for non-profits. The new coverages round out the program’s existing offering of directors & officers liability (D&O), employment practices liability (EPLI), …

Command Investigations, Frank Winston Offer Anti-Fraud Services

Frank Winston Crum Insurance Co. has formed a business partnership with Command Investigations, LLC as a preferred provider of anti-fraud and Special Investigative Unit (SIU) services. Frank Winston Crum Insurance Co. will work with Command Investigations for all investigative, SIU …

Report Tallies Economic Costs of Violence to States

States with the most violence are spending billions of dollars on medical care and prisons and recording lower productivity than more peaceful states, according to a new study on the effects of peace and violence on the economy. Maine is …