Underwriting

Tennessee prepares for 2017 ALIR implementation

Preparations are under way in Tennessee for the 2017 launch of a new electronic system that will facilitate automobile liability insurance reporting (ALIR). The new system was mandated in House Bill 606, enacted on Ma...

Tennessee OKs new towing law related to uninsured drivers

Tennessee House Bill 606, enacted on May 20, 2015, gives law enforcement entities the option of towing a vehicle if a driver is unable to provide proof of insurance. The law, which went into effect on January 1, 2016,...

Reconstruction costs continue steady pattern of increases

Overall reconstruction costs tracked for the 360Value ® Overview of Property Reconstruction Cost Changes  showed moderate increases in both the United States and Canada across all states and provinces, and continue an...

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...

Don’t take workers' compensation applications at face value

Do you take a workers' compensation insurance application at face value? Or do you thoroughly research the applicant’s information, verify data fields, look at photos of the property, find out where the nearest...

Reconstruction cost increases continue to slow in the United States and Canada

Virtually all the labor and materials tracked for the 360Value ® Overview of Property Reconstruction Cost Changes  showed increases in both the United States and Canada for the period spanning October 2014 through...

A conversation on perils, incidents, and risk assessment

Educators say humans learn through a combination of perception and memory using three different methods: visual, auditory, and experiential. Each of us learns through a mix of the three methods that suits us best. Eve...

Louisiana Insurance Verification System (LAIVS)

The Louisiana Department of Public Safety (DPS) announced the new Louisiana Insurance Verification System (LAIVS). The state has chosen a vendor, MV Solutions, to develop the new system. LAIVS will require an online...

It’s all relative

It didn’t take long after we introduced the next generation of ProMetrix® reports, analytics, and our customer-facing delivery platform to start working on improvements. The feedback from customers has been...

AAMVA MOVE Article Published

We’re happy to note that a recent article in the American Association of Motor Vehicle Administrators (AAMVA) MOVE magazine features how Verisk CV-ALIR helps the Virginia DMV comply with Automobile Liability Insurance...