Nearmap’s AI-powered models approved in 27 markets
Insurers can leverage the predictive scores to help price risk.
Dominated by questionable vehicle thefts and faked/exaggerated injuries, these QCs are referred to the NICB by the more than 1,100 member insurance companies and require at least one (and as many as seven) indicators of possible fraud.
“California sees the most, by far, vehicle thefts per year,” said Frank Scafidi, director of public affairs for NICB. “Many of these are what we call ‘owner give-ups;’ thefts reported to police by owners who actually had a role in the vehicle’s disappearance.”
Already have an account? Sign In Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Insurers can leverage the predictive scores to help price risk.
The latest insurance-industry personnel news from Price Forbes, Aon, Sedgwick and more.
The trucking company owner is accused of underreporting payroll by more than $2 million as well as misclassifying employees.
White Paper
Sponsored by Vortex Weather Insurance
Parametric Hurricane Insurance: A Strategic Solution for Agents and Brokers
Hurricane-related financial risks can leave businesses vulnerable due to gaps found in traditional insurance policies. Parametric hurricane insurance provides a proactive solution for your clients to recover from hurricane-related financial losses quickly. Learn how this innovative coverage model offers transparent payouts based on measurable storm conditions--helping your clients bridge critical financial gaps when they need it most.
White Paper
Sponsored by Vortex Weather Insurance
Hourly Rain Insurance: A Strategic Solution for Agents and Brokers
Rain-related business disruptions can be costly for your clients. Parametric hourly rain insurance offers a proactive approach to mitigate financial losses from weather conditions. This data-driven solution delivers fast, automated payouts when rainfall thresholds are met, ensuring your clients are protected when they need it most.
Copyright © 2025 ALM Global, LLC. All Rights Reserved.