Flood

10/11/2018 - 4 min read

How insurers can take back control of flood risk

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 private market, especially for personal property. But that needs to change.

9/17/2018 - 3 min read

Why climate change and hurricane stalls mean flooding rain

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.

6/29/2018 - 5 min read

A flood is not always a flood

For agents, fallacies about flood insurance coverage can lead to dissatisfied customers, and an uninsured or under insured flood loss may provoke a lawsuit.

6/7/2018 - 3 min read

Lessons learned from 2017 hurricanes help insurers for this season

6/1/2018 - 1 min read

June 2018 preview: Historical catastrophe activity

We could see a slightly above-average Atlantic Basin 2018 hurricane season, after last year’s major hurricanes in Texas, Florida, and Puerto Rico.

5/1/2018 - 1 min read

May 2018 Preview: Historical catastrophe activity

Over the past decade, the month of May averaged four catastrophes, according to Verisk's Property Claim Services (PCS).

2/5/2018 - 5 min read

Keeping flood insurance above water

The spread of flooding where it hasn’t occurred before compounds a chronic problem in the US: Most homeowners have either too little flood insurance or none at all.

2/2/2018 - 2 min read

P/C insurers see $22.4 billion drop in net income

The private U.S. property/casualty insurance industry saw its net income after taxes drop to $22.4 billion in nine-months 2017.

12/7/2017 - 3 min read

Natech and the liability implications from natural catastrophes

The insurance impact of natural disasters could extend beyond property insurance to result in significant casualty losses, a phenomenon known as Natech.

12/7/2017 - 2 min read

ISO Education releases 30 e-learning courses in first year

More than a year has passed since ISO Education, an online learning platform, went live. To date, more than 30 new courses have been released that offer training on a wide range of ISO products. And in that time, more than 3,000 people have enrolled in ISO Education courses.

11/14/2017 - 1 min read

FEMA selects AIR Worldwide’s flood model to better understand the NFIP’s risk

The Federal Emergency Management Agency (FEMA) has selected AIR Worldwide’s innovative Inland Flood and Storm Surge Models for the United States to better understand the National Flood Insurance Program’s (NFIP) loss potential.

10/27/2017 - 4 min read

Residential wind and surge damage inflicted by Hurricane Irma

Verisk's team surveyed areas around Miami and the Florida Keys to understand the nature and intensity of wind and storm surge damage from Hurricane Irma.

10/12/2017 - 14 min read

Top 10 historical hurricanes: What would they cost today?

Before this summer’s hurricanes Harvey and Irma broke the 11-year “drought” of major U.S. hurricane landfalls, most people probably thought that as many as six of the top 10 U.S. storms occurred in 2004 and 2005.

9/11/2017 - 6 min read

AIR estimates insured losses for Hurricane Irma’s impacts in the United States

9/7/2017 - 4 min read

Estimating Harvey’s toll on the energy sector