New Normal

8/2/2021 - 5 min read

The big build: How a rise in renovations may affect property insurance

People spending more time at home seemed to ultimately help many insurers, as loss frequency declined in 2020 year over year across several categories.

3/22/2021 - 8 min read

The COVID-19 journey for homeowners insurers: Building on lessons learned and new-normal strategies

Economic turmoil, lifestyle changes, and transitions to remote work amid the COVID-19 pandemic created a “new normal” for personal property insurance.

11/6/2020 - 5 min read

Awaiting a verdict: The evidence so far on personal auto’s new normal

Verisk continues to watch personal auto insurance trends resulting from the COVID-19 pandemic and provide likely scenarios and guidance for the new normal.

8/12/2020 - 3 min read

9 likely new-normal scenarios for personal auto insurance

As personal auto insurers navigate the coronavirus recession and recovery, complex social and economic trends appear set to shape the industry’s “new normal.”

8/5/2020 - 4 min read

Capturing mileage across a shifting auto insurance landscape

One statistic profoundly affected by COVID-19 lockdowns has been miles driven, and so capturing mileage more precisely may become critical for auto insurers.

7/22/2020 - 3 min read

Residential construction activity: An important indicator points the way for new business growth

The COVID-19 pandemic has slowed new residential construction, and property/casualty insurers are likely to see a similar trend in new business submissions.

6/5/2020 - 12 min read

Great Recession Infographic—déjà vu for personal auto insurers?

The COVID-19 pandemic is bringing a “new normal” to personal auto insurance, with similarities and contrasts to the Great Recession.

5/28/2020 - 4 min read

Moving forward in the age of COVID-19: Personal lines strategies for the “new normal”

How personal lines insurance carriers can adjust to the new challenges presented by the COVID-19 pandemic.

5/28/2020 - 2 min read

Reconstruction costs tick upward as pandemic unfolds

Reconstruction costs continue to rise in the second quarter of 2020, based on interim data extracted to identify short-term impacts of the COVID-19 pandemic.

4/30/2020 - 9 min read

Rethinking risk: The potential impacts of COVID-19 for personal and commercial lines loss costs

With much of the country closed for business due to COVID-19, many insurers face the question: How have these changes in activity affected insured risks?

4/14/2020 - 6 min read

Will fewer drivers on the road mean lower auto losses? It depends

Fewer vehicles on the road may not necessarily lead to lower auto losses for insurers. Here's why.

4/7/2020 - 6 min read

Addressing the challenges of COVID-19: From underwriting to claims

Learn how Verisk is responding to the COVID-19 pandemic with new insurance coverage options and resources.