Metals theft claims fall for third year in row

May 19, 2014 | 01:06 PM | Lisa Gordon

Tags  metals theft, copper, brass, bronze, aluminum, National Insurance Crime Bureau, NICB, Lisa Gordon

PITTSBURGH — Metals thefts might be on the decline in the United States, aided by recent state legislation aimed at cracking down on such thefts, according to a report from the National Insurance Crime Bureau (NICB).

Insurance claims related to the theft of certain nonferrous metals have declined for the third consecutive year, falling 26.4 percent to 10,807 claims in 2013 from 14,676 claims in 2011. The number of thefts had a strong correlation to the price of copper, according to the report, which examined thefts between Jan. 1, 2011, and....

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