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Verisk

Verisk is a leading provider of advanced tools and analytics for the property/casualty insurance industry. Drawing on unique data assets and deep domain expertise in actuarial science, artificial intelligence, telematics, and insurance, Verisk helps carriers underwrite and price risks with greater precision and efficiency and manage claims more effectively across the spectrum of commercial and personal lines. For nearly 50 years, Verisk has been a leader in developing innovative solutions and working with multiple stakeholders in the property/casualty insurance marketplace, including insurers, reinsurers, third-party administrators, agents and brokers, insurance regulators, and risk managers. www.verisk.com/insurance

Soaring Wind Losses Demand a More Precise Approach to Risk Assessment

Wind-related loss severity has increased significantly in recent years as storm behavior shifts, housing stock ages, and repair costs escalate. For homeowners insurers, these trends are exposing the ...

Property-Level Fire Protection Analytics: Why Insurers Are Looking Beyond Community Scores

For decades, insurers have relied on Verisk's LOCATION® Public Protection Classification (PPC®) as a benchmark for evaluating fire protection capabilities within communities. The classification ...

New Verisk Online Calculator: How Much Do Loss Payee Notices Cost

Verisk recently added a new online Loss Payee/Mortgagee Notifications Expense Calculator to help P&C insurers estimate annual expenses for manual loss payee and mortgagee compulsory reporting ...

How E&S Carriers Are Solving Their Biggest Forms Management Headaches

The excess and surplus (E&S) insurance market is experiencing remarkable growth. According to Insurance Insider, domestic surplus lines wrote more than $97.5 billion in direct premiums during ...

Quarterly Reconstruction Cost Growth Rate Remains Modest for Now

The latest 360Value® Quarterly Reconstruction Cost Analysis report gives an overview of current reconstruction cost trends at the national and state levels for the United States from April 2024 to ...

Bridging the Underwriting Data Gap for Habitational Property Risks

The commercial habitational insurance market faces a critical challenge: Underwriters need better data to assess and price apartments and condominium properties accurately but lack a comprehensive ...

Underwriting in the Age of Climate Risk: A Wake-Up Call for Insurers

As climate change accelerates, the insurance industry faces mounting pressure to adapt underwriting practices to a rapidly evolving risk landscape. Reuters Events' recent "Underwriting: A Climate ...

Verisk: Roof Claims Topped $30B in 2024, Driven by Wind and Hail Losses

New Roofing Trend Report highlights aging U.S. housing stock, regional peril disparities, and the rising cost of outdated inspections Residential roof-related insurance claims in the U.S. reached a ...

Uncovering profitability strategies for commercial auto insurers

The difficult journey for commercial auto insurance is now well into its second decade, with combined ratios exceeding 100 since 2011.[1] Persistent social inflation[2] and risky driving behaviors ...

New Verisk Auto Policy Analytics White Paper Addresses Record Shopping

With $140 billion in personal auto premiums being shopped annually[1], the ability to make informed decisions at Rate Call 1 can significantly impact competitive positions. Traditional snapshot ...
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  • Strong El Nino, Warmer Sea Impacts Atlantic Hurricane Season Forecasts

  • Meta Pulls Ads Aimed at Recruiting Plaintiffs for Social Media Addiction Lawsuits

  • PacifiCorp Case Appellate Ruling Could Jeopardize $1B in Oregon Wildfire Victim Damages

  • Investors Press Amazon, Microsoft and Google on Water, Power Use in Data Centers

  • Executives on the Move: New Claims Officers at Chubb, RLI

  • Meet the New AI Coworker Who Won’t Stop Snitching to Your Boss

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  • How Insurance Leaders Can Leverage AI Without Sacrificing Trust

  • From Volatility to Value: How Carriers Can Build Durable Growth

  • Traveling for Business? Don’t Forget to Pack Your Emergency Preparedness Plan

  • How Insurance Can Turn Maintenance Into Measurable Competitive Advantage

  • Viewpoint: How Will the Middle East War Affect the Insurance Sector?

  • Is Commercial Auto Having It’s ‘Sprinkler Moment’?

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