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Alabama encourages monthly book of business submission

On August 1, 2014, the Alabama Department of Revenue sent a bulletin encouraging insurers to submit a monthly book of business file. The submission will help ensure that Alabama’s Online Insurance Verification System...

Illinois Governor Patrick Quinn approved Bill 5692

Illinois Governor Patrick Quinn approved Bill 5692, also known as the Uninsured Motorist Verification Advisory Committee Act, on July 25, 2014. This bill called for the appointment of an advisory committee that consis...

Rhode Island Automobile Insurance Plan (RIAIP) to report assigned risk

Rhode Island has confirmed that, effective immediately, the Rhode Island Automobile Insurance Plan (RIAIP) will be responsible for reporting all assigned-risk automobile insurance policies directly to the Rhode Island...

Personal and commercial insurance agents can’t ignore data and analytics forever

As an agent handling personal and small commercial lines, perhaps you’re reluctant to invest in advanced data and analytics. More than likely, you’ve done well without those tools. But you could be doing a lot better....

ISO ClaimSearch – A New Vision

We’re excited to announce a major initiative to transform ISO ClaimSearch ® . Today we’re looking to the future with a new vision to improve the system’s functionality, interface, graphics, and more. The new ISO...

Peer-to-Peer Ridesharing: Unwanted exposure or opportunity?

The past few years have seen the rise of so-called transportation network companies (TNCs) such as Uber, Lyft, and Sidecar. These companies have built technology platforms that enable passengers to request rides from...

Compulsory insurance penalties increase in Louisiana

Effective June 12, 2014, Louisiana House Bill 872 significantly increased penalties for operating a motor vehicle without required insurance and failing to provide required proof of compliance. If an insured meets...

Hypothetically Speaking about Making Money with Telematics

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 same. And all UBI...

Start Using the New NMVTIS Dashboard Reports Today

The NMVTIS Dashboard is now available to ISO ClaimSearch ® auto insurer subscribers who use our NMVTIS reporting service. Join the NMVTIS Dashboard training web seminar on Thursday, June 19, to see the new tool in...

Taking a Hummer down the Yellow Brick Road

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 merry band of misfits...