Lexis Nexis Risk Solutions News

Business News: Arbella, LexisNexis Risk Solutions, IICF

Arbella Launches Free Safe Driving Mobile App The Arbella Insurance Group, in partnership with Cambridge Mobile Telematics (CMT), announced the launch of Wheel Focused, a telematics-based solution proven to change driver behavior through real-time feedback, personalized data and insights, and …

Study Finds 50% of Drivers Embrace UBI Option

A new LexisNexis Risk Solutions study on usage-based insurance (UBI) found that a surprising number of U.S. drivers (50 percent) report enrolling in pay-as-you-drive policies when offered, yet few are given the choice, revealing a significant market-building opportunity for auto …

Insurers Stand Ready for Winter Storm Losses

In 2014, winter storms caused $2.3 billion in insured losses, second only to damage caused by severe thunderstorms, according to Munich Re. “Severe winter weather caused 15 percent of all insured auto, home and business catastrophe losses in the United …