Personal Auto

11/4/2024 - 3 min read

Extreme driving on the rise: Confronting risk in the era of $11+ MVRs

A new Verisk study reveals an unsettling story, but new data and innovations help enable personal auto insurers to confront these challenges

8/19/2024 - 2 min read

Drive Auto Claims Efficiency with Claims Coverage Identifier

Explore how this dynamic report solves industry challenges, revolutionizing auto claims with streamlined operations and enhanced efficiency

7/11/2024 - 3 min read

Back to the future: Past policies inspire forward-thinking innovation

Personal auto insurance policy history data is key to unlocking predictive behavioral patterns and modern buying experiences of the future

7/10/2024 - 6 min read

Renewal book strategies: 4 best practices for auto profitability & CX

Personal auto insurers face substantial profitability challenges. Renewal book strategies are one of the fastest ways to recharge profits.

11/28/2023 - 4 min read

Auto application fraud up 18%: New approaches to help mitigate risk

Artificial intelligence powers search-and-match algorithms that improve hit rates and predictive analytics help identify insurance fraud.

11/10/2023 - 5 min read

Personal auto is off-roading: How to get back to profitability

A new Verisk analysis evaluates the personal auto insurance industry and how to get back on track using several strategies and solutions.

7/14/2023 - 2 min read

As MVR fees increase, Verisk expands violation risk capabilities

A new Verisk analysis finds the national average motor vehicle report (MVR) fee has risen to $10.65 and increased more than 25 percent over the past decade.

5/18/2023 - 2 min read

Car theft is on the rise. Here’s what Verisk data told us about it.

How we analyzed a TikTok challenge that encouraged car theft.

3/16/2023 - 3 min read

Introducing Verisk’s insurance coverage and regulatory legal team

This spring, we’re welcoming Verisk’s legal team into a public conversation with our customers.

3/10/2023 - 5 min read

Underwriting innovation: The 2022 year in review

Here's what we here at Verisk accomplished in 2022.

3/6/2023 - 5 min read

How non-rate actions are easing personal auto profitability pressures

Verisk has seen a marked increase in insurers seeking strategic sourcing of non-rate actions to confront premium leakage in 2023.

2/27/2023 - 2 min read

How to do a better job with Comprehensive deductible relativities

When it comes to pricing for personal auto, there are a lot of things insurers can choose to assess. Here's how to decide what to focus on.

1/6/2023 - 6 min read

Pricing physical damage for commercial auto in an era of inflation

The rising cost of physical damage claims has auto insurers asking questions about premium adequacy.

1/4/2023 - 2 min read

Do you have the right tools to assess the nonstandard auto market?

There’s a serious need for actuarial insights focused specifically on the highly competitive market of non-standard auto insurance.

10/3/2022 - 3 min read

Non-rate actions: Dial in profit during a hard personal auto market

Non-rate actions that don’t require a rate filing are one of the fastest ways to help with insurers’ profitability during a hard market.