Claims

Oklahoma House Bill 2473 - Insurance Verification

Oklahoma Governor Mary Fallin signed House Bill 2473 into law on April 19. Under the new law, when a motorist is pulled over by a law enforcement official during a traffic stop, the officer must attempt to verify auto...

ISO ClaimSearch® satisfies fire loss reporting requirements in Tennessee

Recently, ISO ClaimSearch ® received confirmation from the Tennessee Deputy Commissioner for Fire Prevention that ISO ClaimSearch satisfies the fire loss reporting requirement for insurance companies in the state of...

Will Colorado establish a mandatory child support data match program?

The Colorado Legislature is currently debating HB 1165, which would establish a mandatory child support insurance claims data match program. At present, based on input from various stakeholders, the House and the Sena...

May 2016 Preview: Historical Catastrophe Activity

To the U.S. insurance industry, the month of May signals that hurricane season is right around the corner—with claims teams preparing for an unpredictable next few months. Significant catastrophe activity has occurred...

Idaho law will penalize insurers who don’t report personal auto policies

Idaho Gov. Butch Otter signed Senate Bill 1283 into law on March 23. The law authorizes the state to penalize insurers who don’t report new or renewed personal auto insurance policies to the state. This data is loaded...

Blockchain, IoT, and Streamlined Claim Handling

At the Uniglobal Insurance Claims Management Conference, I heard a lot of doom and gloom about the future of claim handling—and the future of the insurance industry in general. New business models are poised to enter...

ISO Claims Analytics Marketing Distinguishes Itself in the United Kingdom

Last week, the short list for the Insurance Marketing and PR Awards was published, and its my pleasure to congratulate the ISO Claims Analytics marketing team for making the cut. This group of savvy and innovative...

Blockchain, Smart Contracts, and Index Triggers: Count the Frictional Costs As They Disappear

Is the insurance industry watching developments in blockchain  technology? Some of our folks in the market are, but it’s pretty clear to me that the focus is the other way around. The blockchain community has its eye ...

April 2016 Preview: Historical Catastrophe Activity

Between 1950 and 2013, the month of April saw more violent tornadoes—EF4 and EF5—than any other month. Over the past ten years, there have been 267 tornadoes on average in April in the United States. The April 2011...

Illinois registration changes: mailed renewal notices to cease

Due to a budget-saving measure, Illinois drivers will no longer receive vehicle registration renewal notices through the postal service. This will save the state $5.5 million annually, said Illinois Secretary of State...