claims data News

Claims Data Points to High-End Electric Car Risks: AXA

DUEBENDORF, Switzerland — Electric luxury cars and sport utility vehicles (SUVs) may be 40% more likely to cause accidents than their standard engine counterparts, possibly because drivers are still getting used to their quick acceleration, French insurer AXA said. The …

Allstate Ranks Safest Cities for Drivers

For the first time ever, Brownsville, Texas, is the safest-driving city on Allstate’s 12th annual America’s Best Drivers Report. The report serves as an important safe-driving reminder as motorists prepare to hit the roads for the July Fourth holiday – …

Progressive Claims Data Reveals Spike in Thanksgiving Week Wrecks

Thanksgiving is recognized as one of the most heavily traveled holidays, with festivities both before and after the turkey is carved. As families prepare to hit the road this Thanksgiving week, new data from Progressive Insurance offers drivers a leg …

Farmers Claims Data Reveals 70% of Hail Claims Occur April Through June

According to data from the Farmers Insurance Seasonal Smarts Digest, extreme spring weather brings a significant increase in damage to cars and homes across the country between April and June. The new report, which examined Farmers claims data from 2013 …

Allstate Ranks Safest Cities for Driving in Rain and Snow

This winter will have higher than average precipitation in the Southern United States, according to a prediction by the National Oceanic and Atmospheric Administration. On the heels of this report, Allstate Insurance Company released its America’s Best Drivers Report. The …

Odds of Drivers Colliding With Deer Increase: State Farm

U.S. drivers are nearly 3 percent more likely to collide with a deer in the next 12 months than they were last year, according to new claims data from State Farm. The odds drivers will hit a deer in the …

Fort Collins Continues to Have Safest Drivers: Allstate Report

For the fourth year in the report’s history, the top honor of “America’s Safest Driving City” is Fort Collins, Colo., according to Allstate Insurance Company’s tenth annual “Allstate America’s Best Drivers Report.” Fort Collins has placed in the top ten …

In the Era of Information, Insurers Must Understand the Cross-Section of Claims and Data

The value and impact of data could not be any more present, and important, in each of our lives today. From Google to Facebook and even IBM’s development of “Watson,” data and intelligence are quite literally changing our world. The …

Unlocking Big Data Benefits: Driving Claims Efficiency and Customer Satisfaction

Today’s claims executives face tremendous financial pressures and must make better use of information and automation to respond faster and more effectively to an ever changing landscape. Many have focused their attention on data and analytics for help with loss …

Falling Trees, Flying Branches Kick Start Damage During Tornadoes

Temperatures are slowly starting to warm up and spring weather is right around the corner. While it may bring out the birds, tree buds and daffodils, it also can bring severe weather that can cause major damage to homes and …