Insurance Journal » telematics http://www.insurancejournal.com Insurance Journal delivers the latest business news for the Property/Casualty insurance industry Thu, 23 May 2013 20:03:37 +0000 en-US hourly 1 http://wordpress.org/?v=3.5.1 Insight Specialty Programs Partners with GoAgents.com http://www.insurancejournal.com/news/national/2013/01/24/278515.htm Thu, 24 Jan 2013 11:00:58 +0000 http://www.insurancejournal.com/?p=278515 Insight Specialty Programs (ISP), a developer and marketer of insurance, non-insurance and telematics products and services, has formed a new partnership with GoAgents.com, a cloud-based distribution platform that provides agents with online tools to cross-sell insurance related products to their …

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]]> Allstate’s Usage-Based Auto Insurance Expands to New York, New Jersey http://www.insurancejournal.com/news/east/2012/10/23/267659.htm Tue, 23 Oct 2012 16:23:07 +0000 http://www.insurancejournal.com/?p=267659 Allstate announced this month that it has expanded its usage-based auto insurance product, Drive Wise, to four additional states including New York and New Jersey. “Drive Wise rolled out in Colorado, Michigan, New Jersey and New York on October 8, …

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]]> Towers Watson, Hughes Telematics Offer Auto Insurers Usage-Based Service http://www.insurancejournal.com/news/national/2012/08/28/260913.htm Tue, 28 Aug 2012 13:39:45 +0000 http://www.insurancejournal.com/?p=260913 Professional services firm Towers Watson is teaming with Hughes Telematics, Inc. (HTI), a Verizon company, to provide U.S. auto insurers with data services for usage-based insurance (UBI) programs. With the alliance, Towers Watson’s DriveAbility service offering will be powered by …

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]]> Auto Insurance Driver Tracking Hits Privacy Wall in California http://www.insurancejournal.com/news/west/2012/08/17/259789.htm Fri, 17 Aug 2012 11:45:02 +0000 http://www.insurancejournal.com/?p=259789 California is turning into a battleground for technology that allows auto insurers to track their customers’ driving behavior and offer them lower premiums, but that privacy advocates reject as an excessive intrusion with serious consequences. Insurance companies are increasingly installing …

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]]> How Predictive Modeling Has Revolutionized Insurance http://www.insurancejournal.com/news/national/2012/06/18/251957.htm Mon, 18 Jun 2012 13:13:36 +0000 http://www.insurancejournal.com/?p=251957 The use of predictive modeling has forever changed the way insurance policies are priced. The revolutionary tool allows insurers to design ever-more-sophisticated models that tap ever-more-detailed data sets to refine precisely how much each customer should be charged. Casualty actuaries …

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]]> Future Vision: Will Driving Become Too Safe to Insure? http://www.insurancejournal.com/news/national/2012/05/08/246831.htm Tue, 08 May 2012 21:15:13 +0000 http://www.insurancejournal.com/?p=246831 What would happen to the auto insurance industry if automobile safety improves to the point that vehicle collisions become relics of the past? That’s the question explored by global consulting and research firm, Celent, in a new report that envisions …

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]]> Travelers Expands Telematics Options for Business Fleets http://www.insurancejournal.com/news/national/2012/02/15/235538.htm Wed, 15 Feb 2012 17:11:17 +0000 http://www.insurancejournal.com/?p=235538 In an effort to further strengthen driver safety programs, Travelers has introduced IntelliDrive Fleet Safety Solutions to help business owners use telematics technology to reduce auto risks. Travelers is offering the product through its subsidiary Northland Insurance Co. The carrier …

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]]> TomTom Sees Potential in Europe’s Auto Insurance Market; Motaquote Signs On http://www.insurancejournal.com/news/international/2012/02/08/234650.htm Wed, 08 Feb 2012 12:26:09 +0000 http://www.insurancejournal.com/?p=234650 TomTom satnavs will in future help insurers tell the difference between a good driver and a bad one under a scheme designed to revive the Dutch navigation device maker’s flagging fortunes. The company, which made its name as a maker …

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]]> ‘Like’ Facebook in Driver’s Seat? Mercedes Offers App Inside Cars http://www.insurancejournal.com/news/national/2012/01/09/230503.htm Tue, 10 Jan 2012 02:06:06 +0000 http://www.insurancejournal.com/?p=230503 At restaurants, at movies and at the office, checking Facebook has become a regular habit for many of the Internet social network’s more than 800 million users. Now that habit has reached a new frontier: the automobile. Mercedes-Benz USA is …

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]]> Insurers May Open ‘Black Box’ Telematics to Escape Gender Ban http://www.insurancejournal.com/news/international/2011/12/21/228323.htm Wed, 21 Dec 2011 11:35:11 +0000 http://www.insurancejournal.com/?p=228323 Motor [auto] insurers seeking to get around a European ban on charging male drivers more than women are turning to innovative black box technology that could trigger an upheaval in the way car insurance is sold. Britain’s biggest motor insurer, …

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]]> 70 Million Drivers Missing Out on Car Insurance Savings: Insurer http://www.insurancejournal.com/news/national/2011/12/08/226648.htm Thu, 08 Dec 2011 14:10:15 +0000 http://www.insurancejournal.com/?p=226648 More than 70 million drivers in the U.S. potentially are leaving car insurance savings on the table by not taking advantage of usage-based insurance programs that reward drivers who drive safely and during safe times of the day. More and …

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