Massive wildfires continued to burn in Oregon and California, feeding on fuels dried by prolonged drought and weather conditions that promoted their spread
People spending more time at home seemed to ultimately help many insurers, as loss frequency declined in 2020 year over year across several categories.
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%
Underwriting expenses can force auto and property insurers to choose between high costs that drain profitability and incomplete risk data.
Verisk is giving insurers a new way to discover if their replacement cost estimates need updating.
From quote to renewal, a virtual inspections are a good option for insurers to account for risks while promoting safety and maintaining the workflow of a farm.
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 a major update to the ISO Homeowners insurance program will address cannabis, drones, virtual currencies, and other new risks.
Verisk’s 360Value® reconstruction cost estimating tool can help insurers maintain ITV for older homes that have more varied building materials and techniques.
How insurers can manage the evolving risk exposures on the modern farm--including the risks from agritainment/agritourism.
Economic turmoil, lifestyle changes, and transitions to remote work amid the COVID-19 pandemic created a “new normal” for personal property insurance.
Learn how one insurer saved a year's worth of work with the ISO Education Knowledge Sharing program for employee training.
As dramatic as the statistics surrounding the 2020 wildfire season were, the messages they carry and the questions they raise are even more critical to address.