Verisk Analytics News
Verisk Acquires Data/Analytics Firm MarketStance for Undisclosed Price
Verisk Analytics disclosed it has snatched up MarketStance, a well-regarded firm that provides property/casualty insurance companies, brokers and agents market intelligence data and analytics. ...
Forecasters Saw Hurricane Matthew’s Damage Before It Happened
As Hurricane Matthew rolled toward Florida last week, the meteorologists at Verisk Analytics were tracking its every move. They weren't just plotting the usual meteorological stuff, though, and ...
U.S. P/C Industry Saw First H1 Net Underwriting Loss in Over 3 Years
Bad weather and auto insurance struggles took their toll on U.S. property/casualty insurers through the 2016 first half, leaving the industry with its first H1 net underwriting loss in more than ...
PCS Unveils Historical Catastrophe Database for Turkey
Property Claim Services has gone live with a new historical catastrophe database for Turkey, an advance that the data analytics provider said will be helpful for both insurers and reinsurers. "The ...
Political Campaign Risks and Races
While it's sometimes said that politics can be a full-contact sport, some campaign risks have never been more obvious than during recent presidential primary races. One former candidate, Carly ...
Q1 Troubles: Catastrophe Losses Knocked Net Income Down 26.6 Percent
Severe weather and the hefty insured losses that followed helped produce a 26.6 percent plunge in U.S. property/casualty insurers' net income during the 2016 first quarter, a new industry study has ...
AIR Worldwide Releases Enhanced Southeast Asia Earthquake/Typoon Models
AIR Worldwide is rolling out beefed up earthquake and typhoon models for Southeast Asia. The catastrophe modeling firm, a Verisk Analytics business, said the earthquake model updates cover: Tsunami ...
Slow 2015 Premium Growth Could Reflect ‘New Normal’ for U.S. P/C Insurers
For U.S. property/casualty insurers, net written premium still grew in 2015, but the rate of expansion is slowing, and the industry's collective combined ratio worsened slightly, according to a new ...