Underwriting & Pricing
Crash Alert: Why It’s Time for More Auto Insurance Rebates
Two insurance research analysts are warning about dangerous trends shaping up on America's roadways and asking auto insurance leaders to consider offering one-time rebates to incentivize safer ...
Insurers Get Low Grades on Climate Change, Biodiversity Loss Action
Most of the world's largest insurers are failing to adequately address systemic risks such as climate change and biodiversity loss, but a group of five U.S. insurers are some of those that rank the ...
Telematics: It’s Not Just for New Business Pricing Anymore
GEICO had the right idea about following Progressive—and the majority of top auto insurers—into the world of telematics, but the benefits of the technology go well beyond matching rate and risk ...
Plaintiffs Dig to Unearth Old ISO Documents to Back COVID BI Claims
Plaintiffs attorneys are looking deep into the weeds for evidence to support claims for business income lost because of COVID-19 public safety orders. Lawyers for footwear wholesaler Marc Fisher LLC ...
Auto Insurance Shopping Rates Up for Q1 2021 Despite Slow Start: LexisNexis
A devastating winter storm and delayed tax returns hampered auto insurance growth rates in February, but a surge in March led to significant year-over-year increases for both shopping and new ...
Is Loop the Future of Automobile Insurance?
The annual ATECH Conference in Aruba is promoted as, "Where Tech, Innovation, and Creativity Meet to Become the Future." At the 2015 conference, two young tech entrepreneurs, Carey Anne Nadeau and ...
An Alternative View: Crediting Credit Scores
While InsurTechs like Loop and Buckle are trying to reshape the future of insurance without using credit scores to underwrite or price policies, the rest of the industry has yet to embrace the ...
Car Insurance Comparison Site Jerry Raises $28M
Jerry- a car insurance comparison site centered around AI and machine learning – has raised $28 million in new financing. The Palo Alto, Calif.-based startup, which operates as a licensed insurance ...