New Normal

1/7/2025 - 2 min read

PAAS® Reimagined is the next evolution in premium audit technology.

Enhancement to PAAS® leverages artificial intelligence and advanced search capabilities to streamline premium auditing and underwriting.

11/28/2023 - 4 min read

Auto application fraud up 18%: New approaches to help mitigate risk

Artificial intelligence powers search-and-match algorithms that improve hit rates and predictive analytics help identify insurance fraud.

11/10/2023 - 5 min read

Personal auto is off-roading: How to get back to profitability

A new Verisk analysis evaluates the personal auto insurance industry and how to get back on track using several strategies and solutions.

7/14/2023 - 2 min read

As MVR fees increase, Verisk expands violation risk capabilities

A new Verisk analysis finds the national average motor vehicle report (MVR) fee has risen to $10.65 and increased more than 25 percent over the past decade.

3/6/2023 - 5 min read

How non-rate actions are easing personal auto profitability pressures

Verisk has seen a marked increase in insurers seeking strategic sourcing of non-rate actions to confront premium leakage in 2023.

10/3/2022 - 3 min read

Non-rate actions: Dial in profit during a hard personal auto market

Non-rate actions that don’t require a rate filing are one of the fastest ways to help with insurers’ profitability during a hard market.

6/29/2022 - 1 min read

Keeping up with home improvements—and insurance to value

Knowing when a property has been updated is critical, as these changes can add new liability risks and insurance-to-value considerations.

2022 Economic Shifts For Homeowner Insurers

12/9/2021 - 5 min read

Economic shifts shape the unfolding journey for homeowners insurers

Supply-chain issues, labor shortages, and high demand for building resources are complicating factors as homeowners insurers head into 2022.

11/22/2021 - 9 min read

2021 personal auto growth and profitability: Unprecedented in new ways

Personal auto insurers had a year without precedent in 2020, and 2021 may break more new ground, but in very different ways.

9/30/2021 - 4 min read

Accelerating competitiveness with a digital auto insurance ecosystem

How can auto insurance leaders adapt and stay competitive amid evolving pandemic-related trends? The key may be a digital ecosystem.

9/14/2021 - 8 min read

Unpacking the 2021 new normal for personal auto mileage

Personal auto mileage has fluctuated widely through the pandemic and the emerging new normal. It may be time for insurers to leverage analytics to avoid premium leakage.

8/30/2021 - 5 min read

Current cost estimates key to manage lumber’s ‘demand surge’

Property insurance underwriters relying on up-to-date cost data to cope with higher reconstruction estimates amid lumber's price volatility.

8/2/2021 - 5 min read

The big build: How a rise in renovations may affect property insurance

People spending more time at home seemed to ultimately help many insurers, as loss frequency declined in 2020 year over year across several categories.

3/22/2021 - 8 min read

The COVID-19 journey for homeowners insurers: Building on lessons learned and new-normal strategies

Economic turmoil, lifestyle changes, and transitions to remote work amid the COVID-19 pandemic created a “new normal” for personal property insurance.

11/6/2020 - 5 min read

Awaiting a verdict: The evidence so far on personal auto’s new normal

Verisk continues to watch personal auto insurance trends resulting from the COVID-19 pandemic and provide likely scenarios and guidance for the new normal.