Verisk Analytics News
Catastrophes Drove Private U.S. P/C Insurers to $4.7B Net Underwriting Loss: ISO and PCI Report
Private U.S. property/casualty insurers lost big in 2016, with a $4.7 billion net underwriting loss driven, in part, by significantly higher catastrophe-related insured property losses, according to ...
RIMS 2017: Experts Urge Insurers to Treat Cyber As Risk Management Issue
If fire breaks out in a building, you wouldn't run out and buy and extinguisher to fight it after the fact. You'd likely already have one. The same idea should apply to cyber insurance, and yet ...
The Latest Launches From Farmers, ISO/Verisk and More
Farmers Insurance is expanding into more states with a billing product designed to make the workers compensation coverage process easier for small businesses. ISO launched an interactive dashboard ...
ISO Will Help Collect Insurance Terrorism Data for Federal Coverage Program
ISO will collect, aggregate and help analyze terrorism data for the U.S. Department of the Treasury that, starting this year, will be required from insurers participating in the federal Terrorism ...
For Insurers, Thunderstorm and Hurricane Losses Leave Equal Financial Impact
Risk to U.S. property from thunderstorms is as high as from hurricanes, according to new research finding that for the past decade, severe convective storms have been the largest annual aggregated ...
Verisk Analytics Acquires UK-Based Emergent Network Intelligence
Verisk Analytics has expanded its claims products in the United Kingdom with the acquisition of Emergent Network Intelligence (ENI), which provides insurers in the UK with technological innovations ...
Verisk Analytics, Capgemini Make Insurance Industry-Focused Acquisitions
Verisk Analytics has snatched up Healix Risk Rating, a company focused on automated medical risk assessment for the travel insurance ratings. Financial terms were not disclosed, although the deal is ...
AIR Worldwide’s New Colombia Earthquake Model Wins Regulatory Approval
AIR Worldwide's earthquake model for Colombia has gained insurance regulatory approval in the country. The catastrophe modeling firm said that the model can now be used by domestic insurance ...