Insurance press releases

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Press release

9/3/2024 - 4 min read

New Report: Average Annual Natural Catastrophe Losses for the Insurance Industry Reaches New High of $151 Billion

Verisk’s Extreme Event Solutions business cites exposure growth, impacts from climate change and climate variability and an increasing frequency of catastrophe events as contributors to steady rise in anticipated costs.

Press release

9/3/2024 - 5 min read

Actineo, SV-Krug, and Rocket ES join forces under the Verisk brand to highlight its unparalleled Claims Management expertise in the German insurance ecosystem

Actineo, SV-Krug, and Rocket ES join forces under the Verisk brand to highlight its unparalleled Claims Management expertise in the German insurance ecosystem.

Press release

8/28/2024 - 5 min read

U.S. Insurance Industry Begins to See Surplus Recovery, Boosted by First Half Capital Gains and Signs of U.S. Property and Casualty Firms Inching Towards Stabilization

Verisk and The American Property Casualty Insurance Association (APCIA) today reported that half-year 2024 gains for the insurance industry are estimated to be $95 billion.

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News brief

8/27/2024 - 2 min read

Labor Day Weekend Cargo Theft Trends and Security Tips

CargoNet is releasing new information and data regarding the risk of cargo theft during the upcoming Labor Day Holiday Week.

Press release

7/19/2024 - 3 min read

Verisk Estimates Industry Insured Losses in U.S. for Hurricane Beryl

The Extreme Event Solutions group at Verisk estimates industry insured losses to onshore property from wind in the U.S. for Hurricane Beryl will range between USD 2 billion to USD 3 billion.

Press release

7/9/2024 - 3 min read

Verisk Launches First-of-its-Kind Insurance Index to Better Inform Pricing Decisions

Verisk's new ISO Experience Index is an innovative tool designed to modernize how actuaries in the insurance industry analyze risk patterns.

Press release

6/19/2024 - 2 min read

Verisk Estimates Industry Insured Losses from Flooding in Southern Germany to Range from EUR 2.4 Billion to EUR 3.6 Billion (USD 2.6 Billion to USD 3.9 Billion)

A relatively high proportion of the overall losses for this event are likely to be insured, owing to the high insurance take up for the flood peril.

Press release

6/4/2024 - 2 min read

ChainThat’s BPA Platform Integrates with Verisk’s ISO Rating-as-a-Service (RaaS) Solution

This integration makes Verisk’s latest ISO commercial lines rating information available within ChainThat’s platform, addressing the industry’s challenge of staying current with frequently changing market realities and emerging risks.

Press release

6/4/2024 - 3 min read

Earnix Announces Integration with Verisk ERC Solution to Boost Efficiency in Commercial Insurance Pricing

These fully integrated solutions provide ultra-fast ROI and are designed to transform how global insurers and banks are run by unlocking value across all facets of the business.

Press release

6/4/2024 - 4 min read

NER's IRONwatch is now powered by KYCS Locate, giving clients unprecedented benefits for theft recovery and security of assets

This strategic integration revolutionizes the ecosystem for theft-recovery and security of assets and offers unprecedented benefits to businesses across agriculture, construction, and industrial services industries.

Press release

5/30/2024 - 5 min read

U.S. Property and Casualty Insurers: Industry Loss Estimates Reveal Continued Challenges

According to key financial indicators for private U.S. property/casualty insurers, 2023 followed similar trends in underwriting losses to those seen in a difficult 2022.

Press release

5/7/2024 - 2 min read

Mavera Updates Its Brand to Communicate Continued Growth

Mavera’s operations in Sweden support Verisk’s expansion in Europe and its continued growth as a technology and analytics partner to the global insurance industry.

Press release

4/8/2024 - 4 min read

Verisk Pioneers New Approach to Catastrophe Risk

This suite of 100+ models will be implemented by insurers and reinsurers to evaluate risk across the globe with a new financial modeling framework.

Press release

3/20/2024 - 2 min read

Verisk Announces Integration with Seek Now to Streamline Ground Truth Assessment of Homeowners Insurance Claims

Verisk has announced an integration with Seek Now, a leading claims inspection service provider and business intelligence solution.

Press release

3/11/2024 - 3 min read

Verisk Boosts Ecosystem, Adds Two Accelerators to Enhance Workers’ Compensation Claims in Guidewire ClaimCenter

These solutions aim to accelerate claims processes by leveraging advanced analytics and automation to improve efficiency and accuracy in claims management.