Predictive Analytics

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...

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....

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...

Obtaining External Data a Top Priority for U.K. Insurers

In our data-driven world, it should come as no surprise that insurers are looking to emerging sources of data — such as social media postings, shopping behavior, and building permits — to improve their predictive...

New ISO Claims Outcome Advisor Business Development Executive

We’re happy to announce a new member of the ISO Claims Outcome Advisor ® (COA ® ) team in the U.K.  David Blakemore has joined us as a business development executive and will help drive increased market adoption of ou...

West Virginia insurance verification letter campaign

West Virginia announced that on August 18, 2014, the state kicked off its periodic insurance verification letter campaign. The state sends verification letters to a random sampling of registrants that West Virginia...

Alabama encourages monthly book of business submission

On August 1, 2014, the Alabama Department of Revenue sent a bulletin encouraging insurers to submit a monthly book of business file. The submission will help ensure that Alabama’s Online Insurance Verification System...

Illinois Governor Patrick Quinn approved Bill 5692

Illinois Governor Patrick Quinn approved Bill 5692, also known as the Uninsured Motorist Verification Advisory Committee Act, on July 25, 2014. This bill called for the appointment of an advisory committee that consis...