Analytics

Telematics holds the potential for improved safety and lower claims

Americans drove a combined 3.1 trillion miles over 12 months through March 2016. With drivers traveling more miles, the potential for accidents increases. The National Safety Council reported that in 2015 “the U.S. ha...

South Carolina uninsured motorists can pay to drive

South Carolina will allow uninsured motorists to operate vehicles in the state if they pay an annual fee of $550, according to Bulletin 2016-11, which the state released on Dec. 20, 2016. The state said it will place...

Pennsylvania Plate Readers

Pennsylvania discontinued its practice of issuing license plate registration stickers effective Jan. 1, 2017. To confirm that a motorists ’s vehicle registration is current and properly insured, the state now will rel...

Market-leading business intelligence coming to insurers: Q&A with Phanom Dixie

With a career built on analyzing complex industries, Phanom Dixie loves data—and solving business problems. So it’s no wonder she’s very excited to lead a new benchmarking initiative that will benefit ISO ClaimSearch ...

MVICS Discontinued

The Connecticut Department of Motor Vehicles no longer requires auto insurers to file reports through its legacy Motor Vehicle Insurance Compliance Reporting System (MVICS). The state DMV suspended the legacy system...

Tennessee making final push for full implementation of EIVS

Tennessee announced progress in its goal to have all carriers submit their Book of Business (BoB) files to its Electronic Insurance Verification System (EIVS) by Oct. 1, 2016. The state established the Oct. 1 deadline...

Exposing myths in usage-based auto insurance analytics

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 that notion when we...

Game-changing new ISO ClaimSearch® innovations will transform claims analytics

With a growing industrywide emphasis on financial performance, the speed and accuracy of claims decisions are more critical than ever to operational efficiency, customer retention, and your bottom line. But while data...

Verisk Telematics Team: Ready for Connected Car Insurance USA Chicago ’16!

The Telematics team at Verisk – insurance solutions is ready for TU-Automotive’s Connected Car Insurance USA conference on September 7-8 at Chicago’s Radisson Aqua Blu Hotel. If you haven’t registered, grab a brochure...

Tennessee prepares to release EIVS error files

Tennessee is gearing up for the release of Electronic Insurance Verification System (EIVS) error files to insurers who previously submitted their book of business (BoB) with the state. Business Information Systems, th...