Personal Property
Moving forward in the age of COVID-19: Personal lines strategies for the “new normal”
How personal lines insurance carriers can adjust to the new challenges presented by the COVID-19 pandemic.
Reconstruction costs tick upward as pandemic unfolds
Reconstruction costs continue to rise in the second quarter of 2020, based on interim data extracted to identify short-term impacts of the COVID-19 pandemic.
Analyzing 2019 wildfire damage and property exposure
A new Verisk white paper, "Wildfire Risk Insight: An analysis of property exposure and wildfire damage in 2019," examines wildfire from multiple angles.
Storms Ciara, Dennis, and Jorge reinforce need for robust models
With storms Ciara, Dennis, and Jorge all contributing to the wettest February on record, it’s a sensible time for insurers to test whether their perils models are fit for…
Rethinking risk: The potential impacts of COVID-19 for personal and commercial lines loss costs
With much of the country closed for business due to COVID-19, many insurers face the question: How have these changes in activity affected insured risks?
New tools translate to higher lender/insurer efficiency
Verisk is rolling out CV-VaaS (Verification as a Service) to connect key information between lenders and insurers via a new contributory database.
The nuances of fire station type in predicting future losses
A new Verisk study shows how fire station type fares in predicting fire loss, alone and in combination with ISO’s Public Protection Classification (PPC).
Reconstruction costs rising at faster rates in U.S., Canada
Total reconstruction costs, including materials and retail labor, accelerated to 5.0% growth in the United States from April 2019 to April 2020.
InsurTech helps insurers make in-person tasks virtual
The COVID-19 crisis has constrained many insurers’ property inspections for underwriting and claims; Verisk is offering remote collaboration tools to help.
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…
COVID-19 outbreak: Remote technologies ensure “business as usual” for claims adjusters
While the world faces significant logistical challenges emanating from the outbreak of the coronavirus (COVID-19), insurance claims will continue to occur, and…
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.
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.
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.
E-scooter rentals reshape urban micromobility (part two)
What you need to know about e-scooters and insurance.