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.
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.
Auto insurers regard the Federal Motor Carrier Safety Administration’s (FMCSA) Safety Measurement System (SMS) as a valuable tool for identifying commercial motor vehicle…
On 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 Island.
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 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 cone of uncertainty graphically indicates the historical margin of error in the meteorologist’s forecast track for the center of a tropical cyclone.
AIR Worldwide provides update on Hurricane Harvey, Thursday, Aug. 31, 2017
Insurers regularly need to develop customized updates to coverage forms, but are faced with challenges because they rely on manual processes and inadequate technology.
An ISO survey revealed, in part, that 44 percent of insurance professionals consider autonomous vehicles (AVs) to be highly important compared with other emerging issues.
IIHS conducted tests that show strong side underride guards on tractor trailers are effective for preventing underride crashes.
Obtaining loss histories can be problematic. But there are ways to get them easily, get a faster speed to quote, improve agency relationships, and improve your…
A new driver monitoring service will soon be available to insurers operating in Texas; here are some frequently asked questions about the specifics of the program and how…
The US Government Accountability Office (GAO) looked comprehensively at bus safety in a study, 'School Bus Safety: Crash Data Trends and Federal and State Requirements.'
Verisk has added DL Verify, which verifies the validity of a driver's license, to help insurers combat the high cost of ordering MVRs while managing risk properly.