Personal Property

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?

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.

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.

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.

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.

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.

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.

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.

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.

11/6/2019 - 2 min read

Reconstruction cost growth steadies after slowing last year

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 October 2018 to October 2019.

10/30/2019 - 3 min read

Kincade, Tick, and Getty Fires spread damage in California

Three major wildfires caused damage and widespread evacuations in California. Verisk has preliminary analysis of the risk distribution in affected ZIP codes.

10/30/2019 - 5 min read

Subsidence, heave, and other risks beneath: Why insurers can’t rely on just one data source

By developing rating plan for subsidence and other ground movement risk, insurers can rate policies more accurately, increase market share, reduce loss ratios, and lower combined ratios.

10/24/2019 - 1 min read

Ensuring coverage measures up by cost per square foot

Verisk is adding a useful new feature to the 360Value replacement cost estimating platform to help underwriters spot potentially undervalued homes.

9/16/2019 - 2 min read

Verisk 2019 wildfire risk analysis highlights evolving peril

Verisk’s 2019 wildfire risk analysis shows ongoing elevated activity in the western United States and Canada, backed by data from Verisk’s FireLine tool.

9/13/2019 - 2 min read

Pursuing peace and quiet in third-party notifications

Lienholder and additional interest notifications, returned mail, producer notifications, and escrow invoices can move faster if insurers have the right tools.