Verisk News
Here to Stay: Why ‘Weather Whiplash’ Is a Growing Concern for Insurers
If you think the weather these days feels like a seesaw, you're not alone. Consider the following: In Colorado last year, a prolonged spell of unusually warm, dry conditions and one of the deadliest ...
All of the Hurricane Ian Insurance Loss Estimates
Over the course of the last two weeks, Carrier Management and Insurance Journal have been reporting on estimates of insured losses from Hurricane Ian. Below is a summary of estimates announced by ...
Ian Insured Loss Estimates Rise: New High Over $60B
Between the time Tropical Storm Ian moved from Florida on Thursday evening and the time it centered as a post-tropical cyclone near Myrtle Beach, S.C., early on Friday night, damage estimates from ...
Industry Experts Talk Future of Insurance at 2022 ITC Conference
Our editorial team caught up with attendees at the 2022 InsurTech Connect conference in Las Vegas. Industry experts took the time to discuss what this year's theme, The Future of Insurance, means to ...
Insurers Should Be Ready for Global Average Disaster Losses of $123 Billion: Verisk
The global insurance industry should be prepared for insured losses from natural catastrophes well in excess of $100 billion every year, according to the 2022 Global Modeled Catastrophe Losses Report ...
Executives on the Move at Verisk, Liberty Mutual GRS, Vesttoo
Verisk has named Elizabeth Mann as executive vice president and chief financial officer, effective Sept. 15, 2022. She will lead Verisk's global finance organization, including accounting and ...
Executives on the Move at Roamly, Verisk, MAPFRE USA
RV-focused InsurTech Roamly announced the appointment of Mary Heneen as chief commercial officer and Jessica Ballard as director of Claims. As CCO, Heneen will lead Roamly's insurance growth ...
P/C Industry Posts 2021 Underwriting Loss but Surplus Hits $1 Trillion
Full-year net income for U.S. property/casualty insurers increased slightly to $61.9 billion from $60.3 billion in 2020, but the industry turned in a $3.8 billion underwriting loss in 2021. The P/C ...