Electric vehicles may be safer than gas-powered cars, but they can also be more expensive to insure.
The insurance industry has experienced tremendous change in the past few years.
With some Americans are driving less, pay-per-mile car insurance is becoming more popular.
When a vehicle is deemed a total loss, it can take days or weeks for the auto insurers to notify and pay the lienholder.
The commercial auto world is changing rapidly. Learn about updates to the ISO Commercial Auto Class Plan.
For insurers, validating correct lienholder information on loss payable and mortgagee clauses can be a long and cumbersome process.
Personal auto insurers had a year without precedent in 2020, and 2021 may break more new ground, but in very different ways.
Every day, claims professionals are challenged with evaluating and processing claims quickly and accurately.
Adjusters can quickly find claimant details from policy information and verify the parties involved in an accident are who they say they are in Decision Net.
Verisk continues to watch personal auto insurance trends resulting from the COVID-19 pandemic and provide likely scenarios and guidance for the new normal.
Investing in subrogation operations can yield a better ROI than acquiring a new policyholder
An effective subrogation operation is built on data and analysis
Today, we can examine insurance trends that are likely to continue post-COVID-19. Here are some key takeaways for insurers as a new chapter unfolds across the industry.
The manual process needs automation, which can benefit both lenders and carriers
Insurers are turning to AI to detect claims fraud automatically – but to get the most from their analytics, they need to understand the four components of an effective…
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