Predictive Analytics

4/30/2025 - 3 min read

Quarterly Reconstruction Cost Growth Rate Remains Modest for Now

Total reconstruction costs in the United States, including materials and retail labor, increased by 5.2% from April 2024 to April 2025, up from April 2023 to April 2024 (4.6%).

4/7/2025 - 3 min read

New Anti-Fraud Innovations “Bear” the Truth in Auto Applications

Verisk innovations enable identification of auto insurance applicants involved in special investigations unit claims at the point of quote.

1/28/2025 - 3 min read

Data Privacy in the Age of AI

AI raises new risks, it's important for the insurance industry to be at the forefront of the intersection of privacy and emerging tech.

11/4/2024 - 3 min read

Extreme Driving on the Rise: Confronting Risk in the Era of $11+ MVRs

A new Verisk study reveals an unsettling story, but new data and innovations help enable personal auto insurers to confront these challenges

Truck Driver Examining Semi Truck Trailer Brake Coil For Safety

10/28/2024 - 3 min read

Optimizing Commercial Auto Expenses During a Hard Market

Average MVR fees surpassed $11. Rethink tracking driver risk cost-effectively—with
underwriting data that helps avoid adverse consequences.

10/23/2024 - 3 min read

Challenges in Insurance Claim Fraud Management

Insurers can overcome challenges by adopting tech strategies that align with their fraud detection goals.

9/24/2024 - 5 min read

Challenges in Insurance Claim Fraud Management

Insurers can overcome challenges by adopting tech strategies that align with their fraud detection goals.

7/16/2024 - 3 min read

Confronting Commercial Auto Premium Leakage With Non-Rate Actions

With more than $15 billion in premium leakage over the past decade
due to radius misclassification alone, identifying risks offers potential

7/11/2024 - 3 min read

Back to the Future: Past Policies Inspire Forward-Thinking Innovation

Personal auto insurance policy history data is key to unlocking predictive behavioral patterns and modern buying experiences of the future

7/10/2024 - 6 min read

Renewal Book Strategies: 4 Best Practices for Auto Profitability & CX

Personal auto insurers face substantial profitability challenges. Renewal book strategies are one of the fastest ways to recharge profits.

6/17/2024 - 1 min read

New Paper Explores 4 Strategies for Commercial Auto Profitability

New Verisk white paper covers challenges and strategies for commercial auto insurers to modernize and boost profitability for the long haul

11/28/2023 - 4 min read

Auto Application Fraud up 18%: New Approaches to Help Mitigate Risk

Artificial intelligence powers search-and-match algorithms that improve hit rates and predictive analytics help identify insurance fraud.

11/10/2023 - 5 min read

Personal Auto is Off-Roading: How to Get Back to Profitability

A new Verisk analysis evaluates the personal auto insurance industry and how to get back on track using several strategies and solutions.

7/14/2023 - 2 min read

As MVR fees increase, Verisk expands violation risk capabilities

A new Verisk analysis finds the national average motor vehicle report (MVR) fee has risen to $10.65 and increased more than 25 percent over the past decade.

5/31/2023 - 5 min read

Climate change vs. climate variability: their impact on insured losses

Catastrophe models help better understand and quantify insured losses caused by climate change and climate variability.