Stolen motorcycles represent $434M in losses in 2005, NICB says

07/25/2006 | PropertyCasualty360

California, Texas and Florida had the highest number of motorcycles stolen in 2005, according to the National Insurance Crime Bureau. NICB says 70,613 motorcycles were stolen last year, representing a loss of more than $434 million. Frank Scafidi, NICB director of public affairs, says the top three theft states have good weather and large populations, which means more motorcyles and therefore more thefts.

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