Commercial Auto
Is the supply chain safe? Check out latest trends in cargo theft
Despite a decline in cargo theft, businesses transporting goods remain at risk as thieves steal tractors, trailers, and containers full of cargo from warehouses, truck…
Verisk Data Exchange grows with the addition of Honda
With the recent addition of American Honda Motor Company as a contributor to the Verisk Data Exchange, the total market share of automakers participating in the exchange…
Turning profitable: What commercial auto insurers should know
Commercial auto underwriting losses are growing 16.2 percent annually. But some insurers are thriving—and making handsome profits. Here’s what they’re doing differently.
The Verisk Telematics Innovation Center: Advancing telematics
Spotam, an Israeli consultancy and research firm focusing on telematics, location-based services, and the Internet of Things, recently interviewed Avner Freiberger…
New design of 2017 Hess truck carries even better ISO Symbol than 2016 design!
A debatably fun conversation to have with a child who has received his or her popular Hess toy truck is how the total cost of vehicle ownership is far greater than the…
ISO Education releases 30 e-learning courses in first year
More than a year has passed since ISO Education, an online learning platform, went live. To date, more than 30 new courses have been released that offer training on a…
Recapturing $6.4 billion in commercial auto premium leakage
Verisk’s report provides an analysis of the causes, scope, and remedies for the problems plaguing many insurers in the commercial auto market.
The missing piece in commercial auto risk assessment: Vehicle characteristics
The sources of risk for a commercial auto policy can be largely broken down into three main categories: what vehicle is being driven, how and where is it driven, and who…
Three keys to success for insurers in the age of disruption
Our economy is in the midst of major disruption, with technology and pressure from insurtech startups changing almost everything we do and the way our customers behave.…
Dangerous driving is costing billions
Cars today are safer than ever. Yet Americans are driving more dangerously, and it’s costing billions in property damage and lost quality of life.
Does the commercial vehicle Safety Measurement System need improvement?
Auto insurers regard the Federal Motor Carrier Safety Administration’s (FMCSA) Safety Measurement System (SMS) as a valuable tool for identifying commercial motor vehicle…
Notes from the AIR damage survey team in Florida
On Saturday, September 16, an AIR damage survey team headed to southwest Florida to conduct damage surveys following Hurricane Irma’s second U.S. landfall on Marco…
AIR estimates insured losses for Hurricane Irma’s impacts in the United States
AIR estimates industry insured losses in the United States resulting from Hurricane Irma range from $20 billion to $40 billion. Note that these estimates are based on the…
AIR releases estimates for total property damage, insured losses from Harvey
AIR Worldwide estimates total property damage from Hurricane Harvey’s flooding at $65-to-$75 billion. Industry insured losses from wind, flood, and storm surge combined…
The ever-shrinking cone of uncertainty
The cone of uncertainty graphically indicates the historical margin of error in the meteorologist’s forecast track for the center of a tropical cyclone.