Quantcast
Claims Magazine - Covering The Business Of Loss.
Breaking News
Web Exclusives
Magazine

 Auto Theft Simmers Despite Hotbeds 

 
Published 6/1/2009 

Print This Article
Return To Article
Normal Text
Large Text

For the fifth consecutive year, data collected by the National Insurance Crime Bureau (NICB) points to a steady decline in U.S. auto theft. NICB’s latest "Hot Spots" report examines vehicle theft information obtained from the National Crime Information Center (NCIC) for each of the nation’s metropolitan statistical areas (MSAs) in 2008.

Although most areas experienced a reduction, auto theft continues to plague the western part of the United States. The states bordering Mexico show mixed results, with California still leading the pack in terms of total number of thefts. In fact, NICB ranked Modesto, Cali. as the MSA with the highest theft rate in 2008, and five other MSAs in the Golden State made the same infamous "top 10" list. Bakersfield, Calif., formerly rated 15th in 2007, jumped to the fifth slot.

Preliminary 2008 crime data released by the FBI in January indicates that 2008 will post a double-digit decline in vehicle theft when final numbers are released in the fall. If the preliminary figure of -12.6 percent stands, then it will represent the largest single year percent drop in thefts since 1999.

"This is a mixed bag of good news and bad news on the vehicle theft front," said Joe Wehrle, NICB president and chief executive officer. "The good news is, we’re seeing steady progress in reducing the overall theft rate and that means Americans aren’t shelling out as much to cover the cost of stolen vehicles in their insurance premiums. We’ve also seen significant decreases in key areas along the border such as San Diego, where thefts dropped nearly 20 percent."

Conversely, NICB observed a marked uptick in 2008 in the number of thefts in the Texas MSAs of El Paso, Laredo, and San Antonio, along with Las Cruces, NM.

"The bad news is that the theft rate continues to increase in areas like El Paso and Laredo where many of the cars, trucks and SUVs being stolen are being used to carry drugs, money and weapons into and out of Mexico," Wehrle said. "These vehicle thefts are helping finance the drug cartels that are waging war on the Mexican government."

 


Comment on This Article

Name:
Email (will not be published):
Subject:
Comment:

Recent Issues


Archived Issues


Most Read Articles

Related Articles




www.summitbusinessmedia.com (c) Copyright Claims Magazine. A Summit Business Media publication. All Rights Reserved.