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Auto Fraud

6828
November 11, 2015

Underwriting practices and solutions evolve as MVR costs rise

A Verisk analysis finds that motor vehicle report (MVR) fees have increased an average of almost 50 percent during the past ten years and discusses ways to save.

6811
October 1, 2015

Verisk to pilot Texas Driver Record Monitoring Service

Verisk’s iiX will pilot the Texas Driver Record Monitoring Service (DRMS) to enable insurers to monitor the driving records for adverse activity.

6685
September 11, 2015

Validating coverage for undisclosed drivers stems premium leakage

Case study: Validating coverage for undisclosed drivers stems premium leakage

6679
September 1, 2015

Louisiana House Bill 638 sets fine for insurance noncompliance

Louisiana House Bill 638 imposes maximum fine of $525 for failure to pay or resolve notice of noncompliance with state's compulsory insurance law.

6718
July 1, 2015

Retention with profit: Best practices for auto underwriting

Enhanced underwriting practices required in response to emerging technology trends, tight competition, fraud risk.

6711
July 1, 2015

GarageConfirm alerts auto insurers to potential garage fraud

Verisk GarageConfirm leverages more than 4 billion records in license plate database to help insurers identify and combat garaging fraud.

6706
July 1, 2015

DMV prohibits sale of New York vehicle registration reports

The New York Department of Motor Vehicles has interpreted state law as prohibiting the sale of New York vehicle registration information to insurers.

6678
April 15, 2015

Verisk Commercial Auto Prefill delivers competitive advantages

Infographic: Innovations in prefill technology can affect commercial auto insurance operations in statistically significant and profitable ways.

6727
April 1, 2015

Mileage matters: New tools to get it right

Getting mileage information right is a competitive necessity for auto insurers. New tools make it possible.

6728
April 1, 2015

Revolutionizing customer acquisition with data and analytics

Verisk analysis shows how to improve and reduce the cost of the customer acquisition process, for both the consumer and the insurer.

6684
February 15, 2015

Tracking changes in policyholders' lives critical for insurers

Infographic: Life events that affect auto underwriting risk can change anytime.

6764
October 1, 2014

Creating a higher-quality auto application

Prevent fraud; ensure a more complete, accurate application; and identify high-quality insurance applicants early in the quote phase.

Police Officer
April 1, 2014

Motor vehicle report services improve risk selection, reduce fraud

Policyholder driving violation information is an important part of auto underwriting, but the high expense requires insurers to think outside the box.

6860
January 1, 2014

Big data can make a big difference in modern underwriting

By collecting and using data from multiple sources, insurers can segment risks to develop profitable, competitive insurance policies.

7198
January 1, 2014

Innovative technology screens auto policies for fraud

Industry estimates put total auto insurance losses due to fraud and rate evasion between $12 billion and $24 billion annually.

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