BOSTON, July 25, 2016 — Catastrophe risk modeling firm AIR Worldwide (AIR) announced that it has significantly expanded its Global Pandemic Model to include outbreaks of six additional diseases. The model now explicitly accounts for nine pathogens, including bacterial and viral diseases, in addition to previously modeled influenza, coronaviruses (such as those responsible for SARS and MERS), and filoviruses (including Ebola and Marburg). AIR also announced that the World Bank Group has selected AIR to model the innovative new Pandemic Emergency Financing Facility (PEF).
JERSEY CITY, N.J., July 19, 2016 - Verisk Analytics, Inc. (Nasdaq:VRSK), a leading data analytics provider, will report its financial results for the second quarter ended June 30, 2016, on Tuesday, August 2, 2016, after the market close. The press release, with accompanying financial information, will be posted on the Verisk investor website at http://investor.verisk.com.
JERSEY CITY, N.J., July 19, 2016 — Verisk Analytics, Inc. (Nasdaq:VRSK), a leading data analytics provider, today announced it has signed a definitive agreement to acquire Greentech Media, Inc. (“Greentech Media”), an industry-leading information services provider for the next-generation electricity and renewables sector. Greentech Media will become part of Wood Mackenzie, a Verisk Analytics business, and will enable Wood Mackenzie to provide its clients with market intelligence across several categories, including solar generation, energy storage, and smart grids that react dynamically to changes in supply and demand.
BOSTON, July 18, 2016 ─ Catastrophe modeling firm AIR Worldwide (AIR) today announced that it has formed a global resilience practice, a new function to support risk reduction and resilience initiatives across the globe. These initiatives are aimed at developing solutions that aid society’s efforts to better prepare for and recover from catastrophes. Joining AIR to lead this new practice is Dr. Daniel Kaniewski, who will serve as vice president, global resilience.
Carlsbad, Calif., July 14, 2016 — 3E Company, a leading provider of environmental health and safety (EH&S) compliance and information management services, today announced a strategic alliance with Flashpoint S.r.l., a leading provider of dangerous goods handling and transportation consulting services based in Italy. Flashpoint’s customers will now have access to 3E’s comprehensive regulatory compliance services, including end-to-end regulatory consulting and authoring services.
JERSEY CITY, N.J., July 14, 2016 — Private U.S. property/casualty insurers saw their net income after taxes fall to $13.3 billion in first-quarter 2016 from $18.1 billion in first-quarter 2015—a 26.6 percent decline—and their annualized quarterly yield on investments drop to 2.9 percent—the lowest this century—from 3.1 percent a year earlier, according to ISO, a Verisk Analytics (Nasdaq:VRSK) business, and the Property Casualty Insurers Association of America (PCI).
JERSEY CITY, N.J., July 13, 2016 — Property Claim Services® (PCS®), a Verisk Analytics (Nasdaq:VRSK) business, is pleased to announce that ILW market leader Beach & Associates Limited (Beach) is the latest reinsurance intermediary to secure a license to facilitate PCS-triggered industry loss warranties (ILWs). A long-time PCS customer, Beach can now facilitate ILWs covering the United States, Canada, and Turkey.