Every amusement park ride owner or operator must possess at least $1 million in bodily injury insurance
(per occurrence) and the ride has to be inspected by a qualified engineer, says Jerry Hagins, TDI spokesman.
Last year, he successfully lobbied for two measures resulting in laws that require hotels to have carbon monoxide detectors if they have boiler rooms and increased mandatory bodily injury insurance
requirements for people convicted of DUIs or other serious offenses.
According to the Insurance Information Institute, historically, more than one-third of bodily injury insurance
claims resulting from auto accidents contain some kind of fraud.
The nation's largest publicly-held insurer launched the "Claim Prediction Challenge" with Kaggle on July 13, offering $10,000 to number crunchers worldwide for the best models predicting bodily injury insurance
claims based on vehicle characteristics.
For example, PEMCO offers UIM bodily injury insurance
, which pays for injuries an insured person or a family member receives from an at fault uninsured motorist.
Country-Wide, founded in 1992, serves primarily the no-fault and bodily injury insurance
markets in New York.
COLOSSUS is Continuum's expert system for evaluating bodily injury insurance