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 …
N.C.’s Rep. Watt leads debate in Congress against credit scoring The latest skirmish in the battle between politicians who want to eliminate insurance-based credit scoring and insurers that say they need it to do their job unfolded in a congressional …
Auto insurers in Massachusetts will not be able to use credit scores to price or underwrite risks when the state enters its managed competition market next April. Insurance Commissioner Nonnie Burnes sided with consumer groups, Attorney General Martha Coakley and …
