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Personal Property

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May 28, 2020

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.

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May 28, 2020

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.

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May 27, 2020

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.

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May 18, 2020

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…

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April 30, 2020

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?

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April 28, 2020

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.

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April 22, 2020

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).

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April 16, 2020

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.

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April 15, 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.

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April 1, 2020

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…

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March 30, 2020

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…

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March 10, 2020

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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March 5, 2020

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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February 25, 2020

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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February 24, 2020

E-scooter rentals reshape urban micromobility (part two)

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