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The bottom line on reconstruction cost changes
To better understand reconstruction cost changes over a long period of time, Verisk’s data stewards leveraged Xactware’s reconstruction cost data to gain greater insight…
Introducing Verisk Telematics
Verisk recently formed a new division — Verisk Telematics — to provide driver discount programs that insurers can integrate into their telematics and usage-based…
No strangers to high risk, insurers implement Verisk solutions
From catastrophes like hurricanes and sinkholes, to managing the risk of house fires, Verisk Insurance Solutions offers a number of ways to address risk.
Events rise, losses fall: Q3 2015 catastrophe review
For the first nine months of 2015, insured losses from catastrophe events in North America topped $12.6 billion.
Wildfire risk assessment: California’s Butte fire
Almost 600 properties were damaged or destroyed as California’s Butte wildfire ripped through nearly 71,000 acres during the summer of 2015.
360Value residential prefill now even more robust
Verisk has expanded its 360Value® replacement cost estimation system to include existing claims and underwriting prefill data for residential properties.
Verisk to pilot Texas Driver Record Monitoring Service
Verisk’s iiX will pilot the Texas Driver Record Monitoring Service (DRMS) to enable insurers to monitor the driving records for adverse activity.
A-PLUS Claims Activity Profiler improves quote accuracy
A-PLUS Claims Activity Profiler is a new claims indicator product that optimizes loss history expenses for personal auto and property lines of business.
Forbes ranks Verisk Analytics among most innovative companies
The list recognizes companies that investors expect to be innovative now and in the future. Verisk Analytics joins Tesla, Salesforce, Amazon, and Netflix among the top…
Assign price to risk more accurately with Verisk Roof Age
Wind and hail represent the highest loss cost for property insurers, and the age of a roof is highly correlated with the frequency and severity of claims.
Centauri uses Verisk risk data for better point of quote accuracy
Centauri Insurance uses Verisk risk assessment upfront in the underwriting and quoting workflow to provide a superior customer experience.
Reconstruction costs across U.S., Canada: July 2015
Reconstruction cost trends for July 2015 as reported in 360Value Quarterly Cost Update by Verisk. Used for insurance-to-value (ITV) coverage A estimates.
2015 a quiet year for North American catastrophe losses (so far)
Seventeen 2nd quarter North America catastrophe events led to $5.3 billion in insured losses, according to Verisk's Property Claim Services.
GarageConfirm alerts auto insurers to potential garage fraud
Verisk GarageConfirm leverages more than 4 billion records in license plate database to help insurers identify and combat garaging fraud.
NoticeLink delivers CV-Exchange notices same day
Verisk's CV-Exchange® offers a fast, easy, and economical way for insurers to manage notifications and escrow invoices efficiently and with less paper.