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By Phil Gusman, PropertyCasualty360.com |
January 13, 2012
The benefits of telematics-based auto-insurance products could go beyond better risk selection and pricing—and could include better fraud detection and the ability to provide feedback to consumers on CO2 emissions, fuel consumption and other factors that may lower the cost of driving, a new Celent report says.
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By Robert Regis Hyle, PropertyCasualty360.com |
September 6, 2011
Personal auto insurance is already the most commoditized line of property/casualty insurance and is likely to become the most exact of the lines in terms of underwriting as insurers spread the movement known as usage-based insurance.
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By Robert Regis Hyle, PropertyCasualty360.com |
July 14, 2011
Personal auto insurance is already the most commoditized line of property & casualty insurance and is likely to becoming the most exact of the lines in terms of underwriting as insurers spread the movement known as usage-based insurance.
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By Staff Writer |
June 22, 2011
As the concept of usage-based auto insurance (UBI) becomes increasingly prevalent, global professional services company Towers Watson is working with several large insurers, and has gathered and analyzed information from thousands of vehicles throughout the United States as part of its DriveAbility service offering. DriveAbility provides analytical support for...
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By Robert Regis Hyle, PropertyCasualty360.com |
December 21, 2010
Regulatory compliance is next in line for Congress. Until Congress acts, insurers watch, wait, and envision what change will mean.
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By Robin Harbage |
October 11, 2010
Every company wants to grow, but in a well-established industry finding ways to do that can sometimes be a difficult task.