Insurance press releases

Press release

11/19/2024 - 2 min read

Verisk Offers Insurers Address-Level Insights to Better Assess Fire Protection Capabilities

Verisk introduced LOCATION^® Property Protection Score™ (PPS), which provides insurers with a score that represents fire protection capabilities at the address level.

News brief

11/18/2024 - 2 min read

Verisk Introduces Benchmark Reports via Guidewire to Streamline Weather-Related Claims

Verisk Benchmark^® Reports are now accessible through Guidewire, offering insurers precise weather verification data early in the claims lifecycle.

Press release

10/22/2024 - 2 min read

Verisk Debuts New Statistical Reporting Technology on Guidewire Marketplace

Verisk announced its latest advancement in statistical reporting technology with the launch of its Statistical Services accelerator integration with Guidewire.

Press release

10/16/2024 - 1 min read

Verisk CEO Lee Shavel Appointed to Federal Advisory Committee on Insurance

Verisk president and CEO Lee Shavel has been appointed to the Federal Advisory Committee on Insurance, which provides advice and recommendations to the Federal Insurance Office.

Press release

10/16/2024 - 8 min read

Verisk Estimates Industry Insured Losses for Hurricane Milton

Estimates that insured industry losses to onshore property for Hurricane Milton will fall between USD 30 billion and USD 50 billion.

Press release

10/8/2024 - 5 min read

Verisk Estimates Industry Insured Losses in U.S. for Hurricane Helene Will Range Between USD 6 Billion to USD 11 Billion

Industry insured losses due to wind, storm surge and hurricane precipitation induced flood in the U.S. for Hurricane Helene will range between USD 6 billion to USD 11 billion.

Press release

10/8/2024 - 3 min read

Verisk Names Shane Riedman President of Anti-Fraud Analytics

Verisk has announced that Shane Riedman has been named President of Anti-Fraud Analytics.

Press release

10/1/2024 - 2 min read

Verisk Estimates Industry Insured Losses from Flooding in Central Europe to Range from EUR 2 Billion (~USD 2.2 Billion) to EUR 3 Billion (~USD 3.4 Billion)

This event spread across several European nations during September with some of the worst impacts occurring along the border of Poland and Czechia.

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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.