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Personal Property

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4/1/2020 - 7 min read

Five ways UK property underwriters can suffer from premium leakage

Premium leakage remains a big challenge among UK property underwriters. This article highlights five common ways underwriters might suffer from inaccurate rates, higher loss ratios or unexpected costs from claims due to missing or misstated underwriting information.

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3/30/2020 - 4 min read

COVID-19 outbreak: Remote technologies ensure “business as usual” for claims adjusters

While the world faces logistical challenges from COVID-19, insurance claims will continue, and weather-related catastrophes will not abate due to the spread of COVID-19.

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3/10/2020 - 5 min read

Stronger together: ISO and insurer collaboration still makes sense today

Learn how ISO Core Line Services, the insurance policy program of forms, rules and loss costs, can make your business stronger.

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3/5/2020 - 2 min read

As another wildfire season nears, explore best practices now

Recent years’ wildfire activity underscores how dynamic the risk can be as property insurers gear up for the 2020 season. Verisk’s FireLine tool can help.

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2/25/2020 - 2 min read

Carriers seek increased profitability in the hardening Florida insurance market

Amidst a hardening market, a recent analysis revealed that major system updates lowers a property’s resulting loss ratio.

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2/24/2020 - 4 min read

E-scooter rentals reshape urban micromobility (part two)

What you need to know about e-scooters and insurance.

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2/4/2020 - 4 min read

Freezing weather and burst pipe claims: Are insurers prepared for another ‘Beast from the East’?

UK insurers saw a significant spike in escape of water and weather-related claims during the first quarter of 2018 when Anticyclone Hartmut struck Great Britain and Ireland. How can insurers prepare for the next surge in extreme cold weather claims?

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2/4/2020 - 2 min read

New credit-based insurance score taps two powerful resources

Verisk and Equifax have joined to create Inflection, a credit-based insurance score powered by a trended-credit model to increase its predictive potential.

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1/30/2020 - 4 min read

E-scooter rentals reshape urban micromobility (part one)

How dangerous are e-scooters? We explore the latest research on e-scooter risk.

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1/13/2020 - 5 min read

Wildfire around the world: A threat without borders

Firefighters around the world are struggling with wildfire seasons that seem to grow longer and more destructive every year.

360value Reconstrucion Costs

1/13/2020 - 2 min read

Reconstruction cost trends diverge between U.S., Canada

Verisk recently released its latest 360Value® Quarterly Cost Update, which offers an overview of current reconstruction cost trends at the national and state/provincial levels for the United States and Canada from January 2018 to January 2020.

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1/9/2020 - 2 min read

Consumer sense of cyber threat: High concern, low confidence

Two-thirds of consumers worry about possible cyberattacks, based on a recent Verisk survey, and nearly one in three report experiencing a threat or attack.

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12/9/2019 - 1 min read

Simplifying home inspection for customers with OneXperience™

OneXperience from Verisk is a new InsurTech home inspection solution to help insurers quickly and efficiently gather accurate, current property risk data.

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12/5/2019 - 3 min read

Wildfires Drive California Maintenance Higher

California housing activity experiences notable growth in wildfire-impacted regions. Verisk analyzes increases in housing activity in these areas.

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11/14/2019 - 4 min read

Death by a thousand cuts: Why Lloyd’s underwriters need better data for attritional losses

Not understanding the quality of a risk can lead to poor attritional loss ratios, which is why it's paramount that Lloyd’s underwriters not lose out to poor-quality data.

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