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Verisk bundles property claims data, replacement cost estimator
Verisk's A-Plus database providing claims on past property insurance claims now bundled and accessible through the 360Value replacement cost estimator.
A-PLUS Neighborhood Claims improves loss history insight
Improve underwriting decisions with data on claims events that may have affected a residence but were never claimed by the property owners.
A-PLUS update responds to new California regulations
Modifications to the A-PLUS™ claims history database helps contributors comply with new California insurance regulations.
DMV prohibits sale of New York vehicle registration reports
The New York Department of Motor Vehicles has interpreted state law as prohibiting the sale of New York vehicle registration information to insurers.
Verisk Telematics Data Exchange to link connected-car data
Data exchange will help auto insurers access vast volume of connected-car data in one place. GM, through OnStar, becomes first auto manufacturer to join.
Process review helps engage customers and improve processes
Verisk's complimentary Business Process Review service helps select insurance customers analyze and improve the way they do business.
Verisk records 7.5 million fire hydrants in the United States
Verisk GIS database records 7.5 million fire hydrants in the United States, including the precise location and condition of each.
Reconstruction costs up sharply across the United States and Canada
Reconstruction cost trends for January 2015 as reported in 360Value Quarterly Cost Update by Verisk. Used for insurance-to-value (ITV) coverage A estimates.
Combined ratio and other trends
Property/casualty insurers’ net income and overall profitability both declined in the first nine months of 2014.
The dynamic world of public fire protection
New methodology for Public Protection Classification (PPC) grades will allow resurvey of nearly 48,000 communities every few years.
Streamline DMV automobile liability insurance reporting
Verisk's CV-ALIR satisfies insurers' statutory obligation to report automobile coverage to state DMVs; continuous updates respond to new requirements.
New Verisk LOCATION services offered via electronic delivery
New Verisk LOCATION offerings include Hail Risk Score, Premium Tax Service in Minnesota; and Hawaii Lava and Tsunami services.
Determining PPC by section/township/range now possible
Verisk LOCATION PPC database allows rural insurers to assign a Public Protection Classification (PPC) code by section/township/range.
Creating a higher-quality auto application
Prevent fraud; ensure a more complete, accurate application; and identify high-quality insurance applicants early in the quote phase.
Catastrophe review Q3 2014
Verisk’s Property Claim Services (PCS) designated six catastrophe events in the third quarter of 2014, making this the quietest third quarter in the past decade with…