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Risk Management

August 2017 Preview: Historical Catastrophe Activity

The National Hurricane Center says a named storm forms in the Atlantic Basin in June once every other year.

Nevada Ecards

Governor Brian Sandoval signed Nevada Assembly Bill 455 into law on May 26, 2017.

Tennessee HB 280 Signed into Law

Tennessee Governor William Haslam signed House Bill 280 into law on March 22.

Arkansas HB 2193 Signed into Law

The Arkansas Online Insurance Verification System Act will facilitate the implementation of an online insurance verification system (OLV).

Arkansas now supports FTP file submissions

The Arkansas Office of Driver Services announced that its auto liability insurance reporting system can now support FTP file submissions.

April 2017 Preview: Historical Catastrophe Activity

Since 2007, PCS has designated 41 catastrophes in the month of April, an average of just fewer than four per month.

March 2017 Preview: Historical Catastrophe Activity

Since 2007, the average catastrophe frequency for the month of March is 3.2 events, with 220,000 claims generating $1.4 billion in industry losses.

MSVIVS Ramping Up

Mississippi is currently testing the online verification (OLV) portion of the new Mississippi Vehicle Insurance Verification System (MSVIVS).

February 2017 Preview: Historical Catastrophe Activity

It’s midwinter in the Northern Hemisphere, and we’re looking ahead to February with a review of historical catastrophe activity.

Four Killer Blockchain Use Cases for Insurance

Here are the ways this blockchain technology can benefit the global insurance industry.

Are We Missing the Real Blockchain Opportunity for Insurance?

The global insurance industry has taken an interest in blockchain because of certain fundamental benefits that the technology provides.

South Carolina uninsured motorists can pay to drive

Insurance carriers writing policies in South Carolina will receive a check proportional to their market share in the state in 2015.

Pennsylvania Plate Readers

Pennsylvania discontinued its practice of issuing license plate registration stickers effective Jan. 1, 2017.

January 2017 Preview: Historical Catastrophe Activity

With winter on its way, we look ahead to January cat event risks. Catastrophic January storms since 2007 have caused nearly $5.9 billion in insured losses.

December 2016 Preview: Historical Catastrophe Activity

The 2016 hurricane season ended November 30 with two PCS® catastrophe designations from Atlantic Basin hurricanes that made landfall in the United States.

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