Loss Cost

Learn how the migration of ISO ratemaking systems to the cloud will deliver added value for Verisk customers.

The last ten Novembers saw a total of 17 PCS catastrophe designations, which consisted of ten wind and thunderstorm events, three wildland fires, three winter storms, and…

Investing in subrogation operations can yield a better ROI than acquiring a new policyholder

An effective subrogation operation is built on data and analysis

Learn the methods and techniques Verisk uses to make ISO Loss Costs more valuable to insurers.

Large loss claims can be streamlined by AI and automation, but needs the emotional intelligence brought to claims resolution by the handler and the insurer.

In the last ten years, there’s been 32 PCS catastrophe events in October, including 20 wind and thunderstorm events, four hurricanes, five wildland fires, two tropical…

The future of claims is about elevating the customer experience, and insurers that aggressively pursue digital enablement today will be primed to excel tomorrow.

The NOAA Climate Prediction Center has raised the likelihood of an above-normal 2020 hurricane season to an 85 percent chance.

Today, we can examine insurance trends that are likely to continue post-COVID-19. Here are some key takeaways for insurers as a new chapter unfolds across the industry.

The 2020 Atlantic hurricane season is still expected to be a busy one, despite a brief lull in activity after a fast start in May and June. Although the hurricane season…

Last year tied for the second most active July in PCS® history, with seven designated catastrophes, including five wind and thunderstorm events, an earthquake, and a…

Taking a closer look at medical billing helps identify pandemic-related issues that can put patients at risk and negatively impact insurers’ bottom lines.

According to the forecast, there’s a 69 percent probability that at least one major hurricane (categories 3-5) could make landfall along the entire continental United…

With thousands of essential employees reporting to work—including health care workers—there could be an influx of workers’ comp claims related to the virus.