ISO ERC allows insurers to ingest ISO rating content electronically through XML, simplifying maintenance and update while giving flexibility to use own systems.
To improve fuel efficiency, trucks using wireless technology will follow one another in tight formation with the lead vehicle controlling the throttle and braking of the follower trucks. Welcome to the era of platooning.
To improve fuel efficiency, trucks using wireless technology will follow one another in tight formation with the lead vehicle controlling the throttle and braking of the follower trucks. Welcome to the era of platooning.
Without the commercial trucking industry, the economy could come to a standstill, which makes this segment vital for the insurance industry. But even in the current growing economy, commercial trucking faces serious challenges.
Litigation funding’s impact on insurers can be huge, starting with the potential for nuclear verdicts. Commercial auto insurers consider anticipated risks and predicted losses as part of the calculation in determining premiums.
Auto liability insurance reporting (ALIR) requirements help regulators in many states to match coverage to vehicles, but they’re a heavy burden on insurers.
A presentation by the American Transportation Research Institute (ATRI) introduced research and findings on safety risks in the trucking industry and outlined potential risks and exposures that impact commercial auto insurers.
Are you worried that your policy forms may be inconsistent or outdated? Are you frustrated when you try to find and update forms, or get new products out the door? If so, you may be suffering from wording leakage.
There’s no such thing as a U.S. small-commercial market. State-by-state regulation and business dynamics have led to the development of at least 50 distinct markets.