Verisk Blog— Insurance Solutions

Verisk's insurance solutions team is a leading source of information about property/casualty insurance risk. For a broad spectrum of commercial and personal lines of insurance, we provide policy language, tools for fighting fraud, predictive modeling of risk, and much more.

We've created this blog to inform, update, and provide interesting information for our customers and the market overall. A variety of Verisk associates write the blog posts, and we welcome our customers' comments and feedback.

February 2017 Preview: Historical Catastrophe Activity

It’s midwinter in the Northern Hemisphere, and we’re looking ahead to February with a review of historical catastrophe activity. In the ten years from 2007 through 2016, PCS® designated 28 catastrophes during the mont...

Telematics holds the potential for improved safety and lower claims

Americans drove a combined 3.1 trillion miles over 12 months through March 2016. With drivers traveling more miles, the potential for accidents increases. The National Safety Council reported that in 2015 “the U.S. ha...

Four Killer Blockchain Use Cases for Insurance

Is blockchain really a solution in search of a problem ? At first glance, it may appear that way. Aside from developments in the industry loss warranty (ILW) market , clear use cases have been slow to emerge. That’s...

Are We Missing the Real Blockchain Opportunity for Insurance?

Blockchain has taken the global insurance industry by storm. Insurtech start-ups have begun to probe this emerging technology, and insurers and reinsurers have watched, explored, and tested. So far, however, blockchai...

South Carolina uninsured motorists can pay to drive

South Carolina will allow uninsured motorists to operate vehicles in the state if they pay an annual fee of $550, according to Bulletin 2016-11, which the state released on Dec. 20, 2016. The state said it will place...

Pennsylvania Plate Readers

Pennsylvania discontinued its practice of issuing license plate registration stickers effective Jan. 1, 2017. To confirm that a motorists ’s vehicle registration is current and properly insured, the state now will rel...

January 2017 Preview: Historical Catastrophe Activity

With winter on its way, we look ahead to January cat event risks. Catastrophic January storms since 2007 have caused nearly $5.9 billion in insured losses. PCS has designated 16 catastrophes during the month of Januar...

Scrooge & Marley, PLC: A commercial insurance case study

Scrooge & Marley, PLC, was a privately held partnership in 19th-century England that operated out of a dingy warehouse in the Cornhill section of London. Partners Ebenezer Scrooge and Jacob Marley founded the “countin...

Market-leading business intelligence coming to insurers: Q&A with Phanom Dixie

With a career built on analyzing complex industries, Phanom Dixie loves data—and solving business problems. So it’s no wonder she’s very excited to lead a new benchmarking initiative that will benefit ISO ClaimSearch ...

December 2016 Preview: Historical Catastrophe Activity

The 2016 hurricane season ended November 30 with two PCS ® catastrophe designations from Atlantic Basin hurricanes that made landfall in the United States. We discussed Hurricanes Hermine and Matthew in our previous...