Compliance
Post-Settlement Administration: What’s next after getting an MSA?
When a claim settles, many claimants find themselves with a large sum of money that they are required to manage on their own.
Three steps toward maturing cyber insurance risk management
New guidance from the New York Department of Financial Services guidance recommends several steps insurers can take to manage cyber risk more effectively.
Automated platform helps auto insurers prevent drivers from losing their licenses
A new Verisk product expansion can help auto insurers more efficiently file SR22 forms with state authorities to confirm drivers have required coverage.
Smart business decisions begin with quality data
The Path to Data-Driven Success Amidst Change and Uncertainty at Verisk Velocity examined how maintaining and improving data quality is vitally important to every…
Faster with ISO: Streamlining insurance workflows with new Filings feature
Learn how a new tool can help insurers better understand ISO insurance filings.
Four reasons why you should bring ISO Education in-house
Learn why you should bring ISO Education resources into your own learning management system.
Court finds state of Rhode Island compliant with Section 111 despite its inability to obtain social security information to determine Medicare status and enforces settlement
The U.S. District Court in Ruiz v. Rhode Island was called upon to address whether a personal injury settlement should be enforced even though the defendant was unable to…
New tools translate to higher lender/insurer efficiency
Verisk is rolling out CV-VaaS (Verification as a Service) to connect key information between lenders and insurers via a new contributory database.
To build or not to build: Getting portal claims solutions right in the wake of whiplash reform
Crucial questions remain over whether insurers have the in-house capacity and expertise to develop truly fit-for-purpose solutions, or if they should opt for an industry…
Settling claims in unsettling times
In a time of social distancing and uncertainty, many are left wondering how our current working and social paradigm will impact workers’ compensation claims handling –…
Social Security Administration suspends processing of third-party requests to determine SSDI status
As of 3/17/20, all the Social Security Administration field offices have been closed to the public in response to the growing COVID-19 pandemic according to its website.…
Why report commercial vehicle coverage in optional states?
Commercial auto insurance has varying state regulatory mandates for reporting auto liability insurance. What should insurers do where reporting is optional?
Stronger together: ISO and insurer collaboration still makes sense today
Learn how ISO Core Line Services, the insurance policy program of forms, rules and loss costs, can make your business stronger.
The Eleventh Circuit rules that the MSP’s three-year “claims-filing” statute is not a prerequisite for filing a private cause of action recovery claim
In reversing a lower court decision, the U.S. Circuit Court of Appeals (Eleventh Circuit) in MSPA Claims 1, LLC v. Kingsway Amigo Insurance ruled compliance with the…
CMS’s Section 111 penalty proposals are here
CMS has released its long-awaited Section 111 civil money penalty proposals for non-group health plans, as well as group health plans.