Taking into consideration the nuances of the property you’re insuring can help you take charge of multifaceted risk factors.
When confronting the sewer backup peril, understanding both coverage & related weather factors can help you better understand and account for your policyholders' exposure
ISO's Building Code Effectiveness Grading Schedule (BCEGS) was among the key sources for a FEMA study that demonstrated that building codes reduce financial losses in…
Drones, autonomous vehicles, legal marijuana, floods, and pandemics are among the developing challenges for the insurance industry discussed during the Verisk Velocity…
The COVID-19 pandemic has the full attention of commercial insurance policyholders, but an active spring flooding forecast still presents a range of threats.
The “protection gap” illustrates insurers’ potential for growth and society’s need for protection. Learn more in AIR Worldwide's Global Modeled Catastrophe Losses report.
Private personal flood insurance market has new tools and data to support a comeback—and substantial, measurable potential for insurers that are ready to make strategic…
The near-record flooding of Guerneville, California, from the overflowing the Russian River in late February was a remarkable but foreseeable event. Extensive data…
A team from Verisk's Atmospheric and Environmental Research (AER), Massachusetts Institute of Technology (MIT), Microsoft Research, and Stanford University published an…
As growing numbers of U.S. homes and businesses become vulnerable to flooding, private insurers are seeing a potential new pathway for profitable growth—but they need…
Michael will be recorded as the most intense hurricane on record to have struck land in the North Atlantic basin (which includes the Gulf of Mexico and Caribbean) in the…
The insurance industry has been largely content to let coverage flow through the government’s National Flood Insurance Program (NFIP), with limited availability in the…
For the second time in the last two years, hurricane precipitation in the U.S. was exacerbated by incredibly slow movement as Florence impinged on the Carolina coastline.
For agents, fallacies about flood insurance coverage can lead to dissatisfied customers, and an uninsured or under insured flood loss may provoke a lawsuit.
As we prepare for this year's hurricane season, it’s important to look back on last year’s losses to uncover ways insurers can handle claims more effectively and…