Data

Litigation insights offer the key to rising claim costs

Insurers are constantly seeking ways to enhance efficiency and contain costs in claims operations. Sure, technology has helped streamline processes and reduce some expenses, but many carriers still struggle to manage...

Successful workers’ comp analytics starts with the right plan

For years, we’ve been hearing about the impending talent crisis in the insurance industry. Statistics indicate that a significant number of experienced insurance professionals are nearing retirement, and with industry...

The new indemnity data call – are you ready?

As the fourth quarter settles in, a big change is lurking around the corner: The National Council on Compensation Insurance’s (NCCI) new indemnity data call.  Introduced last year, this initiative is scheduled to laun...

Maine introduces non-binary driver gender designation option

Maine is now the fourth state to introduce the of option of a non-binary gender designation on driver’s licenses and identification cards. With the completion of a Gender Designation Form, the Bureau of Motor Vehicles (BMV) will now issue stickers for identification cards that will read “Gender has been changed to X- Non-binary.”

Illinois legislation requires out-of-state auto coverage

Illinois Governor Bruce Rauner is expected to sign legislation requiring vehicles registered out of state to be covered by liability insurance when driven in Illinois.

Michigan allows electronic proof of auto insurance liability coverage

Michigan Governor Rick Snyder signed legislation authorizing the electronic delivery of certain notices and documents relating to insurance policies, including auto insurance ID cards.

Decrease in uninsured drivers—Minnesota

Minnesota The Duluth News Tribune reported a decrease in the number of uninsured drivers in Minnesota. State records show the number of people charged with not carrying auto insurance has dropped by one-third in the...

West Virginia Online Verification System (WVOLV)

West Virginia “The WV Division of Motor Vehicles (WVDMV) is establishing an online insurance verification program (WVOLV) to be used by law enforcement, the judicial system, and DMV,” the division stated on its websit...

Alaska Insurance Verification System (AKIVS)

Alaska Alaska Statute 28.22.031 generally calls for the Alaska Division of Insurance’s development and implementation of a system for automobile liability insurance reporting (ALIR). The state chose MV Solutions to...

Reference Guide to Florida Verifications

When a crash occurs in Florida, the state sends an FR1/FR100 “Liability” Sanction Verification to the auto insurance carriers of the motorists involved in the incident. Florida advised carriers to confirm coverage for crash verifications if a motorist’s insurance policy meets the state’s minimum liability requirements, even if the VIN is registered in another state.