Verisk Underwriting just announced the availability of vehicle-specific annual mileage and prior coverage information in a single point-of-sale service. Verisk’s Coverage Verifier℠ database has provided auto carriers with detailed information about an applicant’s prior coverage dates and lapses, limits of coverage, deductibles, and lienholder information. Now, carriers can add to that list accurate annual mileage [...]
Underwriting
The 2013 wildfire season in the western United States is looking to be a difficult one, fueled by a combination of factors, including a drier-than-normal preceding winter, generally drier vegetative fuels, and warmer current conditions. In addition, projections of higher temperatures and lower-than-normal precipitation this summer raise the prospects of what could become an intense [...]
Claims for stolen heavy equipment are expensive, and the odds of recovery are, to say the least, uncertain. In many cases, your clients could change those odds significantly. A combination of theft prevention measures and recovery tools could take a big bite out of the billion dollars of heavy equipment theft occurring every year. The [...]
Two years have passed since the inaugural release of the ISO Casualty Index™ . In that time, we’ve published eight quarterly updates that include loss ratio and loss emergence data for the ten general liability and commercial auto segments. With each release, we were able to confirm and speculate about emerging and current trends within [...]
Supply chain risks are having a profound effect and becoming more costly, according to a report by Deloitte, The Ripple Effect: How Manufacturing and Retail Executives View the Growing Challenge of Supply Chain Risk. Among the many factors that transportation and logistics companies face, cargo theft is both common and preventable. In Deloitte’s survey of [...]
