Commercial Auto
More is more: Why 100 billion miles of driving data matter
Multisource telematics data needs advanced analytics like artificial intelligence and machine learning to yield insight for insurers, but volume also matters.
The growth of litigation funding and its potential effects on commercial auto insurance: Part Two
Litigation funding’s impact on insurers can be huge, starting with the potential for nuclear verdicts. Commercial auto insurers consider anticipated risks and predicted…
ALIR: Maximizing the basics could bring unexpected benefits
Auto liability insurance reporting (ALIR) requirements help regulators in many states to match coverage to vehicles, but they’re a heavy burden on insurers.
Automated loss runs: The future of efficient underwriting
Insurers need to know the claims history of a risk to take the guesswork out of properly pricing a policy.Historically, the process of getting reliable loss runs has been…
The growth of litigation funding and its potential effects on commercial auto insurance: Part One
The growth of litigation funding could be another obstacle for profitability in commercial auto insurance, where losses are outpacing premiums, according to Verisk…
ATRI presentation exposes potential risks for commercial trucking insurance
A presentation by the American Transportation Research Institute (ATRI) introduced research and findings on safety risks in the trucking industry and outlined potential…
Commercial auto insurers begin to tap fleet telematics data
Though adopted early by personal lines insurers, telematics is just coming into its own in the commercial auto space.
Are you suffering from wording leakage? Discover the forms management cure
Are you worried that your policy forms may be inconsistent or outdated?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…
Wintry chill bites supply chain
Effects from prolonged stretches of sub-freezing temperatures could cause production delays for suppliers across multiple industries.
What are successful commercial auto insurers doing right?
Some insurers are writing commercial auto profitably. Our white paper, 'What Are Successful Commercial Auto Insurers Doing Right?' explores how.
All insurance is local
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.
Property/casualty insurance industry’s net income more than doubles to $34 billion in first-half 2018
Private U.S. property/casualty insurers saw their net income after taxes more than double to $34 billion in first-half 2018 from $15.5 billion in first-half 2017
Interview: Into the future with ADAS and vehicle autonomy
Andrew Blancher, director of commercial auto product development at ISO, recently interviewed David Zuby, executive vice president and chief research officer at the…
Omnitracs to join Verisk Data Exchange
Omnitracs, LLC, a global pioneer of fleet management solutions to transportation and logistics companies will join the Verisk Data Exchange™. Omnitracs will now offer its…
Average fees for motor vehicle reports continue to rise
In total, 36 states and the District of Columbia increased MVR fees over the past decade, according to a Verisk analysis.