Auto

Auto and Home Telematics: Shaping the Usage-Based Insurance Market

Two exciting aspects of automobile telematics and connected-home technologies are loss prevention and loss mitigation. The data from onboard devices in cars, smartphones traveling in those cars, and home-sensor...

Fraud-fighting insurance technologies and connected-home insights

Fraud prevention and connected homes lead our Q1 2015 issue of Visualize , a quarterly magazine from Verisk Insurance Solutions. This popular publication contains commentary and insights devoted to auto and property...

Idaho Transportation Department to Develop Online Insurance Verification System

The Idaho Transportation Department (ITD) is developing an Online Insurance Verification System (OIVS). Insurers that write personal auto insurance policies in the state will be required to participate in the new...

Ohio Financial Responsibility Study Committee Makes Recommendation for Electronic Insurance Verification Program

Ohio House Bill 278, passed in March 2013, established a Financial Responsibility Study Committee to explore the possibility of implementing an electronic insurance verification program. The program would require...

Rhode Island Releases Details of Letter Campaign

The Rhode Island Insurance Verification System (RIIVS) went live in November 2014, initiating the requirement that insurance companies report a full book of business to RIIVS by the 7th of each month. The system match...

Reconstruction Costs Up Sharply across the United States and Canada

The latest reports of the 360Value® Overview of Property Reconstruction Cost Changes show reconstruction costs are higher in the United States and Canada compared with the same time last year. In the United States, 47...

A new year, a new ISO ClaimSearch

Back in December, ISO ClaimSearch began its exciting transformation. The system will ultimately offer a more intuitive design supported by a robust system to facilitate faster claim handling and deliver superior claim...

Connecticut introduces new auto insurance verification system

The Connecticut Division of Motor Vehicles (DMV) will implement the new Connecticut Insurance Verification System (CTIVS) in 2015. MV Solutions is developing the system, which will allow the state to identify insuranc...

ISO Short-listed for 2014 British Legal Awards

The ISO Claims Outcome Advisor team in the UK has been shortlisted for the 2014 British Legal Awards . ISO is one of seven finalists in the Supplier of the Year category. The nomination is based on the effectiveness o...

West Virginia insurance verification letter campaign

West Virginia announced that on August 18, 2014, the state kicked off its periodic insurance verification letter campaign. The state sends verification letters to a random sampling of registrants that West Virginia...