Personal Auto

1/30/2020 - 4 min read

E-scooter rentals reshape urban micromobility (part one)

How dangerous are e-scooters? We explore the latest research on e-scooter risk.

1/27/2020 - 3 min read

Picture this: Get critical claim insights from vehicle location photos

As claims fraud persists—costing insurers approximately $30 billion a year—adjusters play an important role in identifying questionable claims early.

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1/15/2020 - 3 min read

Getting ahead of the claims game: Reducing the cost of personal injury claims, with or without delay to reforms

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. The Act seeks to control the growth of motor insurance premiums for “ordinary” motorists by reducing the cost of whiplash injury claims.

1/7/2020 - 3 min read

Setting a new standard in nonstandard auto

Learn how Verisk is tackling the challenge of the nonstandard auto insurance market.

11/26/2019 - 5 min read

A look at uninsured and underinsured motorist coverages

A guide to understanding uninsured and underinsured motorist insurance coverages for personal and commercial auto policies.

11/21/2019 - 1 min read

Decoding Granular Vehicle Details from the VIN

The vehicle identification number (VIN) can provide a gateway to important information, but it takes an innovative solution to unlock it.

10/14/2019 - 2 min read

Average fees for motor vehicle reports pass the $10 mark

Average fees for motor vehicle reports (MVRs) have surpassed $10 as they continue an upward march, according to the latest Verisk analysis.

9/13/2019 - 2 min read

Pursuing peace and quiet in third-party notifications

Lienholder and additional interest notifications, returned mail, producer notifications, and escrow invoices can move faster if insurers have the right tools.

8/15/2019 - 2 min read

One-rate auto insurers can own the future

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.

7/18/2019 - 4 min read

Life insurance fraud: A holistic claims view key to detection

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 others are new—like changing customer expectations and disruptive innovations such as on-demand policies and selfie underwriting (yes, that’s a thing).

7/1/2019 - 4 min read

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.

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6/17/2019 - 6 min read

Big reforms are coming to Michigan PIP - How the changes will impact Medicare Secondary Payer compliance

On 5/30/19, Governor Gretchen Whitmer signed Michigan Senate Bill 1, which makes significant changes to Michigan’s personal injury protection (PIP) system.

5/20/2019 - 3 min read

The new economics of a data-forward auto quoting strategy

Substantial investments can keep companies anchored to legacy processes, but auto insurers may need to rethink their quote flows to pursue profitable growth.

3/25/2019 - 1 min read

ISO introduces solutions for insuring vehicles with driver assistance features

ISO has introduced new solutions to help auto insurers underwrite and price coverage for the growing number of cars with advanced driver assistance systems (ADAS).

3/14/2019 - 2 min read

Reimagining the customer experience in personal auto

Insurers are meeting consumers in a new world of expectations set not only by their direct competitors but by retail businesses outside the insurance industry.