auto insurance
North Dakota Insurance Commissioner Discusses POC Testing openIDL Blockchain to Assess Uninsured Driver Issue
Aug 1, 2022 / by AAIS posted in openIDL, Issues & Trends, Data & Technology, Insurance News/Current Events, Auto, Blockchain, Data/Tech, Linux Foundation, auto insurance, Regulatory Reporting, North Dakota Insurance
Is UBI Moving Full Speed Ahead? AAIS Report Snapshots Consumer Attitudes
May 20, 2022 / by Ash Naik posted in Issues & Trends, Telematics, Auto, Commercial Auto, Personal Auto, AAIS Views, auto insurance, UBI, Usage Based Insurance
While the telematics capabilities that enable auto insurers to track mileage and driving behaviors continue to advance, Usage-Based Insurance (UBI) has potentially been slow to gain traction among consumers. In keeping with our mission of working with Members to design the best possible insurance products, AAIS recently went direct to consumers to understand the reservations that may be stalling adoption of UBI products and strategies to overcome these obstacles.
Crawford CEO Provides Market Report
May 2, 2022 / by AAIS posted in Insights, Technology, Insurance, Data & Technology, COVID-19, Telematics, Climate Change, Auto, Innovation, AAIS Pulse, pandemic, Economy, auto insurance, NatCats
On a recent edition of AAIS Pulse, Crawford & Company CEO Rohit Verma and AAIS VP of Products John Kadous sat down to discuss the state of the insurance market, including topics such as the economy and supply chain, auto risks, climate change and natural catastrophes, data, and technology, and much more.
How Regulation is Impacting Auto Insurance
Feb 16, 2022 / by Lori Dreaver Munn posted in Community, Issues & Trends, Insurance News/Current Events, Regulatory/Compliance, P&C Insurers, Auto, Commercial Auto, Legislation & Regulation, AAIS News & Views, AAIS Insights, Personal Auto, Regulation, Insurance Line of Business, auto insurance, GLC
Regulation plays an outsized role in the development of the auto insurance sector. Since the beginning of the pandemic, we have seen an even higher than usual impact from wild fluctuations in rates, claims, premiums, and consumer reimbursements, to activities impacting the industry itself.