Auto Insurance

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...

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...

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...

Underwriting Solutions President Neil Spector on the Future of UBI and Telematics

In an interview with A.M. Best Radio , Neil Spector, president of Underwriting Solutions for Verisk – insurance solutions, shares his perspectives on the future of usage-based insurance (UBI) and discusses why he...

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...

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...