Analytics

Arkansas now supports FTP file submissions

The Arkansas Office of Driver Services announced that its auto liability insurance reporting system can now support FTP file submissions. The announcement was made during an industrywide conference...

MSVIVS Ramping Up

MSVIVS – OLV Testing In addition to requiring a book of business (BoB) file by the first Tuesday of each month, Mississippi is currently testing the online verification (OLV) portion of the new...

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 ...

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...

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, th...

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...

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...

Mississippi names MSVIVS administrator

The Mississippi Insurance Department announced HDI Solutions, LLC (HDI) as the administrator of its new Vehicle Insurance Verification System (MSVIVS). The contract was awarded on May 25, according...

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...

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...