Fraud

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...

Build a better claims department: Meeting the operational efficiency challenge

With claims costing insurance carriers more than $246 billion in 2015, claims department are under scrutiny. Operational inefficiencies must be minimized to mitigate costs and help improve your company’s bottom line....

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...

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...

Louisiana Office of Debt Recovery takes control of lapse in coverage fines process

In October 2015, the Louisiana Office of Motor Vehicles (DMV) issued 1.2 million initial notices to current and former residents informing them of fines owed due to past lapses in insurance coverage on their vehicles....

Bring greater precision to wind and hail claims assessment

In the past five years, insurers have reported more than 3.7 million hail claims and more than 6.8 million wind claims to ISO ClaimSearch ® . Half a million hail claims and more than a million wind claims were reporte...

Solving a problem before it’s a problem

Insurance trades, blogs, and websites devote a great deal of space to addressing two critical issues related to the risks associated with writing workers' compensation policies: claims costs and medical fraud. Claiman...

Updated compliance solution for new Texas claim-reporting requirements

ISO ClaimSearch ® helps property/casualty insurers comply with child support reporting requirements in five mandatory states and up to 48 voluntary states and territories (free for ISO ClaimSearch members). Texas...

ISO ClaimSearch® privacy update: PII masking to claims-level users in Claims Inquiry

As data attacks and data risk mitigation issues continue to emerge in our industry at a rapid pace, ISO ClaimSearch ® is continually working to ensure the highest security of claims data and is enhancing our systems t...