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Insurance

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News brief

5/21/2025 - 3 min read

Cargo Theft Risk Reaches All-Time Highs as Memorial Day Weekend Approaches, Verisk CargoNet Analysis Shows

As Memorial Day weekend approaches, cargo theft activity across the United States has surged to unprecedented levels, with reported incidents in 2025 already reaching alarming rates that far exceed historical averages. Analysis of holiday-period theft data from the past five years reveals a concerning pattern that suggests heightened risk during the upcoming Memorial Day weekend.

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Press release

4/30/2025 - 3 min read

Verisk Unveils First-of-Its-Kind SRCC Catastrophe Model for the U.S. to Quantify Political Violence Risks

Verisk releases the industry’s first-of-its-kind catastrophe model to help quantify the financial impacts of strikes, riots and civil commotion (SRCC) in the United States.

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Press release

4/8/2025 - 4 min read

U.S. Roof Claims Costs Reached Over $30 Billion In 2024, Underscoring Evolving Risks

Verisk today released its U.S. Roofing Realities Trend Report, which identifies trends and challenges in roof conditions.

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Press release

3/20/2025 - 6 min read

U.S. Insurance Industry Shows Signs of Resilience Despite Continued Headwinds in 2024

Verisk and APCIA today reported full-year 2024 net income for the insurance industry, which is estimated to be $170 billion. Adjusting for over $70 billion in capital gains realized by one insurer, full-year 2024 net income is estimated to be $100 billion.

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Press release

2/3/2025 - 4 min read

Hover Expands Offerings within Verisk's Xactimate to Advance Property Claims Efficiency

Hover, a leader in 3D property data, today announced an expanded collaboration with Verisk and its industry-leading Xactimate® platform for property claims management.

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Press release

2/3/2025 - 3 min read

EagleView and Verisk Join Forces to Streamline Property Insurance Claims

EagleView, a leading provider of aerial imagery and insights, and Verisk announced the formal integration of EagleView Assess™ into Verisk’s industry-leading Xactimate® and XactAnalysis® platforms.

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News brief

1/23/2025 - 3 min read

Residential and Commercial Reconstruction Costs Rose Over 60% the Past 10 Years

Verisk released a report highlighting reconstruction cost trends at the national and state level. This analysis (October 2014 to October 2024) revealed that residential and commercial reconstruction costs rose over 60% throughout the past 10 years.

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Press release

1/23/2025 - 2 min read

To Combat Mounting Cargo Theft, Verisk Launches CargoNet RouteScore API

Verisk has launched CargoNet^® RouteScore API, a solution aimed at significantly minimizing the risk of cargo theft.

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Press release

1/22/2025 - 3 min read

Verisk Estimates Industry Insured Losses for the Palisades and Eaton Fires

Estimates that insured industry losses to property for the Palisades and Eaton fires together will fall between USD 28 billion and USD 35 billion

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News brief

1/21/2025 - 2 min read

Cargo Theft Surges to Record Levels in 2024, Verisk CargoNet Analysis Reveals

Verisk CargoNet reports record-breaking cargo theft activity across the United States and Canada reached unprecedented levels in 2024.

Dr Sebastian H Fner Bei Der Verisk Fachtagung Asssecuranz Im September 2024

News brief

1/21/2025 - 3 min read

Wechsel in der Geschäftsführung der Krug Sachverständigen-GmbH

Verisk gibt bekannt, dass Dr. Sebastian Höfner mit Wirkung zum 1. Januar die Geschäftsführung der Krug Sachverständigen-GmbH, dem deutschen Kfz-Schaden-Spezialisten des Unternehmens, übernimmt.

Dr Sebastian H Fner Bei Der Verisk Fachtagung Asssecuranz Im September 2024

News brief

1/21/2025 - 2 min read

Change in management at Krug Sachverständigen-GmbH

Dr. Sebastian Höfner has been elevated to the position of CEO of Krug Sachverständigen-GmbH, the company’s German motor claims specialists effective January 1.

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Press release

1/2/2025 - 3 min read

Verisk Wildfire Model is the First Catastrophe Model Under Review for Insurance Ratemaking in the State of California

Verisk announced that it is the first modeler to request a review of its wildfire catastrophe model by the California Department of Insurance (CDI).

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News brief

12/19/2024 - 2 min read

Cargo Theft Surges to Record Levels as Holiday Season Approaches, Verisk CargoNet Analysis Shows

CargoNet shares an analysis of holiday-period theft data from the past five years.

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Press release

11/21/2024 - 2 min read

Aviva and Verisk Announce Strategic Integration to Boost Property Claims Efficiency in Canada

Aviva will leverage Verisk's cutting-edge property estimation technology and insights for its claims handling solutions, enhancing accuracy and efficiency in processing for its partners and customers.

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