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Solera CEO: Wild Weather and Wilder Drivers Boosting Claims Biz

TheStreet.com Videos 3:49 mins

Europe's economic recovery and elevated auto accident claims in the U.S. due to wild weather patterns have been driving Solera's Street-beating performance in the past half year, says the company's CEO Tony Aquila. Solera helps process 28% of the 100 million auto insurance claims globally, according to Aquila. Solera also says his emerging markets business is thriving because drivers are not accustomed to operating high horsepower vehicles.

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