Fraud

Spotting the unseen menace: Medical provider fraud, waste, and abuse

Although the insurance industry is constantly plagued by suspicious claims activity, the unseen menace that’s leading to diminished profits is medical provider fraud, waste, and abuse. With a total...

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...

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...

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...

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....

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 Illinoi...

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 coverag...

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...

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...

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...