Small commercial insurance data needs to be clean, relevant, and insightful to support streamlined underwriting without the noise.
The Caldor Fire in California and Nevada is the second known instance—both occurring in 2021—of a wildfire crossing the Sierra Nevada.
Risk pricing is challenging when you do not have historical data as claims are random events with uncertain frequency and severity.
Verisk's High-Risk Notification Service helps identify conditions that can trigger unexpected claims.
Massive wildfires continued to burn in Oregon and California, feeding on fuels dried by prolonged drought and weather conditions that promoted their spread
The comic strip is part of our new Laugh Ratios series, highlighting Verisk’s 360Value solutions, which provide reliable replacement cost estimates.
Total reconstruction costs rose 16.7% in the second quarter of 2021, with lumber up 162.7%
Reliable data is an indispensable resource for actuaries, whether they are novices or seasoned practitioners.
A new, customer-focused purchase option gives ProMetrix users the power to order 360Value commercial property replacement cost estimates on demand.
The OneXperience Virtual Survey Service combines the rigor of an on-site inspection by a skilled field representative with the convenience of a virtual inspection.
Harnessing unstructured data introduces more data points, granular information, and timeliness to help insurers underwrite with greater speed and accuracy.
Several bright spots suggest that for many commercial lines, there's no reason to bring a negative attitude into 2021.
Confronting hail risk means having an informed strategy and effective tools backed by advanced technology and analytics.
Total U.S. reconstruction costs continued to rise in Q2 2021, according to Verisk, with lumber costs soaring a historic 84.71%.
Learn how one insurer saved a year's worth of work with the ISO Education Knowledge Sharing program for employee training.