Underwriting

New law updates Maryland insurance identification card requirement

Maryland Governor Larry Hogan signed identical bills, Senate Bill 544 and House Bill 720 , into law on May 10. The consolidated law requires an insured driver operating a vehicle registered in Maryland to possess an...

Mississippi House Bill 525

Mississippi Governor Phil Bryant signed House Bill 525 into law on April 11. The law requires motorists who have had their licenses suspended to provide a certificate of insurance to the Department of Public Safety in...

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...

Another successful forum!

Engineering and Safety Service (E&S ™ ) held our annual E&S Loss Control Executive Forum on April 6–8 in Tampa, Florida, and it was a great success. Forty senior-level loss professionals and guests from more than 30...

Verisk Telematics Excited about TU-Automotive Detroit ’16!

The Telematics team at Verisk - insurance solutions has a great deal to be excited about this year’s TU-Automotive conference, which will be held June 8-9, at Suburban Collection Showplace, Novi, MI. TU-Automotive is...

360Value® quarterly cost updates show an improving housing market

360Value ® recently released its quarterly cost updates on reconstruction costs, and the news was good for the U.S. housing market. All states experienced a modest annual increase in total reconstruction costs, but th...

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....

California imposes new notice of lapse requirements on insurers

Insurers that write private passenger automobile and residential property insurance offering six months or longer of coverage are now subject to an expanded policyholder notice requirement. This requirement was enacte...