Growth and Profitability

7/10/2024 - 6 min read

Renewal Book Strategies: 4 Best Practices for Auto Profitability & CX

Personal auto insurers face substantial profitability challenges. Renewal book strategies are one of the fastest ways to recharge profits.

6/17/2024 - 1 min read

New Paper Explores 4 Strategies for Commercial Auto Profitability

New Verisk white paper covers challenges and strategies for commercial auto insurers to modernize and boost profitability for the long haul

5/7/2024 - 2 min read

Quarterly Reconstruction Costs Continue to Stabilize

Verisk releases new quarterly reconstruction costs report for Q2 2024.

1/30/2024 - 2 min read

Quarterly Reconstruction Costs Stabilize as Inflation Recedes

Verisk releases new quarterly reconstruction costs report for Q1 2024.

11/28/2023 - 4 min read

Auto Application Fraud up 18%: New Approaches to Help Mitigate Risk

Artificial intelligence powers search-and-match algorithms that improve hit rates and predictive analytics help identify insurance fraud.

11/10/2023 - 5 min read

Personal Auto is Off-Roading: How to Get Back to Profitability

A new Verisk analysis evaluates the personal auto insurance industry and how to get back on track using several strategies and solutions.

10/13/2023 - 3 min read

Mild Reconstruction Cost Rise Signals Stabilizing Market

Total reconstruction costs increased 5.1% from October 2022 to 2023. This uptick follows the 4.3% increase from July 2022 to July 2023.

9/26/2023 - 2 min read

Exploring a future look at reconstruction cost trends

To help insurers navigate the increasing complexity in the market, Verisk has developed the Market Expectations Index for 360Value.

8/28/2023 - 4 min read

Maintain ITV in a volatile market with property-level insights

Insurers must explore changes affecting their risk portfolio and leverage component- and property-level insights to help them maintain ITV.

7/14/2023 - 2 min read

As MVR fees increase, Verisk expands violation risk capabilities

A new Verisk analysis finds the national average motor vehicle report (MVR) fee has risen to $10.65 and increased more than 25 percent over the past decade.

7/13/2023 - 3 min read

Quarterly reconstruction cost increases continue to steady

Total reconstruction costs increased 4.3% from July 2022 to July 2023. This uptick follows the 3.1% increase from April 2022 to April 2023.

6/20/2023 - 3 min read

Reconstruction costs vs. market value: the hidden coverage crisis

Market value and reconstruction cost estimates are unique measures subject to different forces; only RCEs should be used for coverage.

5/4/2023 - 3 min read

How insurtech can better determine sufficient contents coverage

From estimating to calculating: Predictive modeling and machine learning remove the guesswork from evaluations.

4/28/2023 - 0 min read

Having the best of both worlds in property and auto inspections

Determining or verifying key risk characteristics of insured property or vehicles can be costly, labor-intensive, and time-consuming.

4/12/2023 - 2 min read

Reconstruction cost dips signal increased market stabilization

Total reconstruction costs, including materials and labor, increased 3.1% from April 2022 to 2023. Costs continue to slow down and steady.

Growth and profitability

Renewal Book Strategies: 4 Best Practices for Auto Profitability & CX

New Paper Explores 4 Strategies for Commercial Auto Profitability

Quarterly Reconstruction Costs Continue to Stabilize

Quarterly Reconstruction Costs Stabilize as Inflation Recedes

Auto Application Fraud up 18%: New Approaches to Help Mitigate Risk

Personal Auto is Off-Roading: How to Get Back to Profitability

Mild Reconstruction Cost Rise Signals Stabilizing Market

Exploring a future look at reconstruction cost trends

Maintain ITV in a volatile market with property-level insights

As MVR fees increase, Verisk expands violation risk capabilities

Quarterly reconstruction cost increases continue to steady

Reconstruction costs vs. market value: the hidden coverage crisis

How insurtech can better determine sufficient contents coverage

Having the best of both worlds in property and auto inspections

Reconstruction cost dips signal increased market stabilization