Community Hazard Mitigation
Going the distance and more to rate fire protection
Plotting the distance to the nearest fire station seems like the obvious path for an insurer to take when measuring fire protection, but a very different reality is…
Celebrating International Firefighters’ Day
May 4 is International Firefighters’ Day, a time to honor the dedicated men and women who put themselves at risk to protect our communities and, of course, to remember…
Verisk records 8.9 million fire hydrants in the United States
Verisk reached a national milestone this past February with the recording of 8.9 million hydrants in its GIS fire hydrant database. The GIS database is the only one of…
P/C insurers see $22.4 billion drop in net income
The private U.S. property/casualty insurance industry saw its net income after taxes drop to $22.4 billion in nine-months 2017.
The danger of combustible exteriors on tall buildings
In the wake of the tragic fire at Grenfell Tower, the London Fire Brigade asked Verisk to perform an analysis on buildings in the UK that have similar characteristics to…
California's December wildfires: Assessing the risk
To get a preliminary view of risk within the wildfire-affected areas of California, we used FireLine—Verisk’s wildfire risk management tool.
AIR updates insured loss estimates for California wildfires
Verisk’s AIR Worldwide has updated its loss estimates for the recent California Wildfires after analyzing findings from its damage survey conducted during the week of…
AIR estimates losses for California wildfires
Verisk's AIR Worldwide estimates that industry insured losses from the Tubbs, Pocket, Nuns, Atlas, Redwood, and Sulphur fires in California will be between $2 to $3…
Residential wind and surge damage inflicted by Hurricane Irma
Verisk's AIR Worldwide team surveyed areas around downtown Miami and the Florida Keys to understand the nature and intensity of wind and storm surge damage from Hurricane…
California’s wildfires: A preliminary view of insured loss
To get a preliminary view of risk within the wildfire-affected areas in California, Verisk used FireLine—our wildfire risk management tool – to analyze two of the largest…
Sprinkler Plan Review Service benefits insurers, developers, and municipalities
The National Fire Protection Association’s (NFPA) NFPA 13 has long been the gold standard for reviewing the installation of fire sprinkler systems.
Estimating Harvey’s toll on the energy sector
Hurricane Harvey has profoundly disrupted drilling and refinery operations along the U.S. Gulf Coast, which sits at the center of the world’s petrochemical, refining, and…
Hurricane preparation for underwriters
Since April 2011, Verisk’s ISO field analysts have collected enhanced wind rating data from building surveys, including information on more than 40 characteristics…
Key findings from the 2017 Verisk wildfire risk analysis
California emerged from a long drought only to plunge into a heightened wildfire season. In fact, wildfires are up in many of the 13 wildfire-prone states Verisk analyzed…
Report sparks conversation about fires by occupancy or property type
Although commercial fires are less frequent than residential fires, the property damage these incidents cause is disproportionately higher, with losses in manufacturing…