Insurance press releases

Press release

1/31/2024 - 3 min read

A Groundbreaking Code of Conduct for Insurance Claims Handling Using AI

This initiative aims to establish and uphold the highest standards of behaviour and ethical responsibility when planning, designing, or utilising AI.

Press release

1/16/2024 - 4 min read

Verisk Partners with Chief Claims Officers to Create Claims Advisory Board

To address ever-evolving needs of claims organizations and to continue delivering cutting-edge solutions and value, Verisk has formed the Verisk Claims Advisory Board.

Press release

1/10/2024 - 3 min read

Verisk Acquires Rocket Enterprise Solutions to Expand Property Claims and Underwriting Digitalisation Offerings Across Europe

The acquisition will further the company’s goal of helping insurers and claims service providers leverage more holistic data and technology tools.

Press release

1/9/2024 - 2 min read

Verisk Names Doug Caccese and Saurabh Khemka Co-Presidents of Underwriting Solutions

Doug and Saurabh reflect the deeply experienced, talented and diverse leadership team at Verisk,” said Lee Shavel, president and CEO, Verisk

Press release

1/9/2024 - 3 min read

Verisk Estimates Industry Insured Losses for the Noto Peninsula Earthquake to Range from JPY 260 Billion to JPY 480 Billion (USD 1.8 Billion to 3.3 Billion)

Estimates that insured losses to properties from the January 1 M7.5 will be between JPY 260 billion (USD 1.8 billion) and JPY 480 billion (USD 3.3 billion).

Press release

1/8/2024 - 2 min read

California Department of Insurance Approves Verisk's ISO Wildfire Mitigation Filings for Homeowners, Dwelling, Commercial Property, Commercial Inland Marine and Businessowners Programs

Verisk has announced that the California Department of Insurance (CDI) has approved its ISO wildfire mitigation filings.

Press release

12/14/2023 - 3 min read

Verisk’s PCS Introduces Expanded Global Terror Product to Include SRCC

The SRCC enhancement will provide insurers and reinsurers with robust data to assess and quantify the risks associated with civil unrest

Press release

11/29/2023 - 2 min read

Verisk LightSpeed® Small Commercial Accelerator Added to Guidewire Marketplace

This integration can help small business insurers automate underwriting workflows and bind new business in seconds.

Press release

11/15/2023 - 3 min read

Verisk Launches Solution for Insurers to Assess Underwriting Models and Variables for Unfair Discrimination

Customizable solution helps insurers address potential regulatory testing requirements

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Press release

11/2/2023 - 2 min read

INSTANDA Integrates its No-Code Platform with Verisk’s Rating-as-a-Service (RaaS) Solution for ISO Commercial Auto

INSTANDA is pleased to announce its integration with Verisk’s to provide the latest ISO commercial lines rating information starting with commercial auto.

Press release

11/1/2023 - 4 min read

Verisk Estimates Industry Insured Losses from Hurricane Otis to Range from MXN 50 Billion to MXN 110 Billion (~USD 3 Billion to 6 Billion)

Verisk estimates industry insured losses for Hurricane Otis will likely fall from ~USD 3 billion to 6 billion

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Press release

10/26/2023 - 3 min read

Verisk Introduces Xactimate Time & Materials Tool for Streamlined Job Cost Tracking

Construction and restoration professionals can save time, reduce administrative burden and minimize human error with Verisk's Time & Materials tool.

Press release

10/23/2023 - 2 min read

Pearl Holding Group Selects Verisk’s Data and Analytics to Streamline Independent Agent Auto Insurance Delivery

Moving data forward in its independent agent ecosystem by leveraging a robust package of data and analytics from Verisk.

Press release

10/17/2023 - 3 min read

OneShield Announces Integration with Verisk's ISO Electronic Rating Content™

OneShield has announced its integration with the next generation ISO Electronic Rating Content™ from Verisk, a leading global data analytics and technology provider.

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Press release

9/27/2023 - 2 min read

Verisk's ISO Businessowners Program Adds Nearly 160 New Classifications to Help Insurers Keep Pace with Evolving Risks

To help insurers keep pace with the changing nature of business exposures, Verisk has announced the launch of its latest update to the ISO Businessowners (BOP) program.