Total reconstruction costs, including materials and retail labor, increased by 9.3% from October 2021 to October 2022.
Taking into consideration the nuances of the property you’re insuring can help you take charge of multifaceted risk factors.
Here's the difference between an insurance rating engine that uses ISO Electronic Rating Content™ (ISO ERC) and one that doesn't.
Is the process of updating your commercial lines insurance rating content keeping you up nights? It's time for a cloud rating engine.
While Q1 2022 brought underwriting gains for P/C insurers, inflation continued to create significant challenges for insurers.
Learn how commercial lines insurers are leveraging the power of a standardized rating engine to help them spin up new products quickly.
Enhance ITV at bind and renewal with 360Value for Commercial Property, which includes monthly price updates based on localized claims.
Here's how insurers can stay updated on Verisk coverage and actuarial product updates.
Verisk works with fire protection, scientific, and insurance community to provide technology to manage and mitigate wildfire risk.
Verisk's 360Value Quarterly Reconstruction Cost Analysis shows materials and labor prices rose 3 percent from July 2021 to July 2022.
ProMetrix provides a 100 percent fill rate for the core commercial property attributes that drive coverage, premium, and claims.
Property insurers can move to simplify quoting workflows in a digital-first strategy with fast, reliable reconstruction cost estimates.
When you need reliable property data quickly, Verisk delivers a Virtual Property Details Report in three business days or less.
Gain insights into the 2022 wildfire season in the United States and learn how early snow melts contribute to greater wildfire risk.
California may implement new wildfire rating regulations that could impact personal and commercial property insurers.