Personal Auto

11/10/2021 - 4 min read

Why embracing ethical AI is critical for insurers

As insurers’ interest in artificial intelligence (AI) grows, we must not only embrace its immense capabilities but also work to mitigate its potential risks.

11/3/2021 - 4 min read

Three reasons why personal auto physical damage costs are rising

ISO Statistical Data revealed personal auto physical damage insurance losses climbing even before COVID-19 reshaped driving patterns. What's going on?

9/30/2021 - 4 min read

Accelerating competitiveness with a digital auto insurance ecosystem

How can auto insurance leaders adapt and stay competitive amid evolving pandemic-related trends? The key may be a digital ecosystem.

9/14/2021 - 8 min read

Unpacking the 2021 new normal for personal auto mileage

Personal auto mileage has fluctuated widely through the pandemic and the emerging new normal. It may be time for insurers to leverage analytics to avoid premium leakage.

9/8/2021 - 3 min read

How can UK insurers obtain meaningful ADAS data?

Motor insurers may struggle to process the data around existing ADAS features in a vehicle and turn it into useful underwriting information.

8/24/2021 - 3 min read

How can home and motor insurers adapt to looming FCA reforms?

The upcoming reforms have caused many insurers to re-evaluate their approaches to pricing home and motor policies.

8/20/2021 - 2 min read

Steady increases continue for motor vehicle report fees

The cost of motor vehicle reports (MVRs) continues to climb for insurers; the latest Verisk analysis shows the nationwide average at $10.32.

8/11/2021 - 5 min read

Auto growth and resiliency demand scalable underwriting tech

Auto insurers seeking to grow and improve may do well to pursue underwriting technology that meets the demands of today and tomorrow.

7/12/2021 - 3 min read

Seeking new paths to cost efficiency in underwriting reports

Underwriting expenses can force auto and property insurers to choose between high costs that drain profitability and incomplete risk data.

6/15/2021 - 1 min read

Finding the right chemistry for auto underwriting—today and tomorrow

Verisk hosted a webinar on innovative underwriting strategies to help personal and commercial auto insurers navigate change.

6/14/2021 - 2 min read

Case studies: Innovation journeys with four leading auto insurers

Recently published case studies describe the journeys of four insurers with Verisk’s innovative personal and commercial auto solutions.

4/14/2021 - 3 min read

Personal auto research: Application integrity down, fraud up

Application integrity for personal auto insurance has deteriorated more than 20 percent over the past eight years, according to Verisk research.

3/12/2021 - 4 min read

How a commercial lines insurance company accelerated employee training with ISO Education

Learn how one insurer saved a year's worth of work with the ISO Education Knowledge Sharing program for employee training.

3/10/2021 - 2 min read

Automated platform helps auto insurers prevent drivers from losing their licenses

A new Verisk product expansion can help auto insurers more efficiently file SR22 forms with state authorities to confirm drivers have required coverage.

3/5/2021 - 4 min read

Actuarial impact: How new deductible rating can improve insurer pricing of personal auto physical damage

Looking to sharpen your personal auto insurance pricing? This new method of calculating deductible relatives could help.