Despite evidence it is not always clear why there is an association between scores and losses By explaining why there is an association between credit scores and insurance losses, insurers and actuaries can promote a better understanding of why credit …
The Hanover Insurance Group, Inc. was one of the first insurers to tout its competitive rates and product filings at today’s deadline for auto insurers looking to compete in Massachusetts under the new managed competition system. In its filings, Hanover …
Today’s top CSRs possess indispensable attributes, including good communication skills, trust, integrity, and more Agencies that offer their employees the option of working remotely achieve an advantage when it comes to attracting and retaining top-notch CSRs. Considering how their jobs …
By explaining why there is an association between credit scores and insurance losses, insurers and actuaries can promote a better understanding of why credit scores are a useful underwriting tool, attendees of the Casualty Actuarial Society (CAS) Predictive Modeling Seminar …
GAINSCO Auto Insurance, which specializes in minimum-limits personal auto policies, announced it has introduced a new monthly auto policy for Texas customers. The new product, which provides a single month of personal auto coverage for the policyholder, can be renewed …
Massachusetts has three dates coming up that could be turning points in determining who gives thanks for the state’s new managed competition auto insurance system and who rates it a turkey. Insurance Commissioner Nonnie Burnes has been telling people that …
Massachusetts Insurance Commissioner Nonnie Burnes has taken on the minefield of private passenger auto insurance, overseeing a transition from a highly-regulated rating system to one under which insurance companies are to have some flexibility in the prices they charge, a …
CREDIT SCORING Where issue stands SURVEY REPORTS Numbers of new lawsuits decline
Mass. finalizes rules for managed competition in auto One week before she approved a final plan, Massachusetts Insurance Commissioner Nonnie Burnes told Insurance Journal that the public and industry should not expect big changes from the original proposal to implement …
hurricane damage formula Looking to minimize claims litigation 8 West Virginia lawmakers may reassert workers’ comp oversight But will they scare insurers from the state? 9 Florida brings back no-fault Lawmakers add anti-fraud provisions 9 It’s wait ’til next year …
