Personal-auto insurers that are at the forefront in offering usage-based insurance products will gain a significant competitive advantage in pricing and policy retention, while companies that dont offer such products may face adverse selection in the future, according to Moodys Investors Service.
A national survey projected that 18 percent of Americans with a current driver's license would be unable to earn a passing grade on a driver's test today.
PropertyCasualty360.com’s Claims Channel Editor Christina Bramlet is twittering every day about breaking news and timely topics. Check out the latest claim-related tweets.
Patriot National Insurance Group announces it has selected the WorkersCompExpert software platform from Paradox Technology Solutions to support its insurance, managing general underwriting, billing, and claims services operations.
The North Carolina Department of Insurance said 10 people were arrested and six others are being sought in connection with an alleged staged auto accident ring.
The North Carolina Department of Insurance said 10 people were arrested and six others are being sought in connection with an alleged staged auto accident ring.
The insurance industry is ablaze with news about how new technologies are transforming the insurance value chain. Insurers are actively looking to leverage appropriate technologies from agency and sales to underwriting and billing to claims handling.
Welcome to PropertyCasualty360.com, and to Sounding the Horn, a weekly blog focused on the changes, challenges and opportunities facing the P&C insurance marketplace in 2011.