A common myth surrounding usage-based insurance is that UBI modeling fundamentally differs from techniques that actuaries and other quantitative risk managers may already use. We sought to dispel...

When the U.S. Supreme Court released the ruling on gay marriage last week, it ignited a national conversation — much of which was carried out over social media. Insurers that are not active on soci...

Historically the profitability of most property/casualty insurers has been heavily predicated on policyholders’ future behaviors, ranging from the propensity to become involved in an accident to th...

The idea that a single approach to usage-based insurance (UBI) can solve any problem great or small ignores some simple realities: All insurers aren’t the same. All telematics technology isn’t the...

In L. Frank Baum’s novel The Wizard of Oz , farm girl Dorothy befriends a scarecrow, a tin woodsman, and a cowardly lion who long for attributes such as a brain, a heart, and courage. While this...

Could the loss ratio on your preferred book of business for personal auto go up 2 percent while you’re simply an “interested observer” of the usage-based insurance (UBI) trend? Does your recently...