As claims fraud persists—costing insurers approximately $30 billion a year—adjusters play an important role in identifying questionable claims early.
The 2018 Civil Liability Act is expected to take effect in April this year and is set to transform the handling of low-value personal injury claims in England and Wales.…
Learn how Verisk is tackling the challenge of the nonstandard auto insurance market.
A guide to understanding uninsured and underinsured motorist insurance coverages for personal and commercial auto policies.
The vehicle identification number (VIN) can provide a gateway to important information, but it takes an innovative solution to unlock it.
Here are five steps the insurance industry can take to ensure that it's recruiting and retaining a diverse and inclusive workforce.
Average fees for motor vehicle reports (MVRs) have surpassed $10 as they continue an upward march, according to the latest Verisk analysis.
The promise of connected car data flowing through a single hub to drive usage-based insurance (UBI) is coming to fruition as Root Insurance puts the Verisk Data Exchange…
Lienholder and additional interest notifications, returned mail, producer notifications, and escrow invoices can move faster if insurers have the right tools.
Digital transformation can play a key role in boosting the number of auto insurance customers who make a seamless journey from quote start to bind.
Life insurers can face a myriad of challenges today. Some of those issues have plagued the industry for years—such as stagnant premium growth and low interest rates—while…
Multisource telematics data needs advanced analytics like artificial intelligence and machine learning to yield insight for insurers, but volume also matters.
Auto liability insurance reporting (ALIR) requirements help regulators in many states to match coverage to vehicles, but they’re a heavy burden on insurers.
On 5/30/19, Governor Gretchen Whitmer signed Michigan Senate Bill 1, which makes significant changes to Michigan’s personal injury protection (PIP) system.
Substantial investments can keep companies anchored to legacy processes, but auto insurers may need to rethink their quote flows to pursue profitable growth.