A new Verisk product expansion can help auto insurers more efficiently file SR22 forms with state authorities to confirm drivers have required coverage.
Commercial auto insurance has varying state regulatory mandates for reporting auto liability insurance. What should insurers do where reporting is optional?
Auto liability insurance reporting (ALIR) requirements help regulators in many states to match coverage to vehicles, but they’re a heavy burden on insurers.
Alabama is seeing results from an initiative to reduce uninsured drivers through its electronic DMV automobile liability program.
The team behind Verisk’s CV-ALIR® observed a challenge facing auto carriers complying with state automobile liability insurance reporting (ALIR) requirements.
The Mississippi Insurance Department announced HDI Solutions, LLC (HDI) as the administrator of its new Vehicle Insurance Verification System (MSVIVS).
Tennessee announced progress in its goal to have all carriers submit their Book of Business (BoB) files to its Electronic Insurance Verification System (EIVS).
Louisiana House Bill 638 imposes maximum fine of $525 for failure to pay or resolve notice of noncompliance with state's compulsory insurance law.
Verisk's CV-Exchange® offers a fast, easy, and economical way for insurers to manage notifications and escrow invoices efficiently and with less paper.
The New York Department of Motor Vehicles has interpreted state law as prohibiting the sale of New York vehicle registration information to insurers.
The number of states that require automobile liability insurance reporting (ALIR) continues to grow.
Verisk's CV-ALIR satisfies insurers' statutory obligation to report automobile coverage to state DMVs; continuous updates respond to new requirements.
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