Predictive Analytics

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....

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...

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...

Rhode Island Automobile Insurance Plan (RIAIP) to report assigned risk

Rhode Island has confirmed that, effective immediately, the Rhode Island Automobile Insurance Plan (RIAIP) will be responsible for reporting all assigned-risk automobile insurance policies directly to the Rhode Island...

Compulsory insurance penalties increase in Louisiana

Effective June 12, 2014, Louisiana House Bill 872 significantly increased penalties for operating a motor vehicle without required insurance and failing to provide required proof of compliance. If an insured meets...

Taking a Hummer down the Yellow Brick Road

In L. Frank Baum's novel The Wizard of Oz , farm girl Dorothy befriends a scarecrow, a tin woodsman, and a cowardly lion who long for attributes such as a brain, a heart, and courage. While this merry band of misfits...

Do you write business in Rhode Island?

A new Rhode Island law — calling for implementation of an uninsured motorist database — becomes effective July 1, 2014. Note the short implementation window: The first official email went out May 9, and the state...