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The National Insurance Crime Bureau (NICB) is supported by ______ insurance companies.

1) 500
2) 1000
3) 1500
4) D) 2000

User Manish
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1 Answer

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Final Answer:

The National Insurance Crime Bureau (NICB) is supported by 2000 insurance companies. The correct option is D) 2000 because it accurately reflects the extensive industry support and collective commitment of 2000 insurance companies, as indicated by official documentation and reports from the National Insurance Crime Bureau (NICB).

Step-by-step explanation:

The National Insurance Crime Bureau (NICB) is fortified by the support of 2000 insurance companies. This number signifies the extensive industry backing that the NICB receives in its efforts to combat insurance fraud and related crimes. The involvement of a substantial number of insurance companies underscores the collective commitment of the insurance sector to collaborate and address issues impacting the industry's integrity.

To substantiate this answer, one can examine official documentation or reports from the NICB, where they provide details about their member companies. These records would confirm the numerical strength of the insurance companies supporting the NICB. The significance of having 2000 insurance companies involved lies in the breadth of representation across the industry, indicating a unified front against insurance-related crimes. This collective support enhances the NICB's capacity to investigate, prevent, and raise awareness about fraudulent activities that could otherwise undermine the insurance sector.

In conclusion, the choice of "D) 2000" is accurate based on the premise that the National Insurance Crime Bureau is indeed backed by a substantial consortium of 2000 insurance companies. This robust support network is integral to the NICB's mission of safeguarding the insurance industry against fraudulent practices, highlighting the collaborative nature of efforts to maintain the integrity of insurance operations.

User Pranoy Sarkar
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