Rating Integrity

The rising cost of physical damage claims has auto insurers asking questions about premium adequacy.

There’s a serious need for actuarial insights focused specifically on the highly competitive market of non-standard auto insurance.

Verisk data shows the cost to rebuild a property is still more than 11 percent higher, on average, than it was pre-pandemic.

Total reconstruction costs, including materials and retail labor, increased by 9.3% from October 2021 to October 2022.

Non-rate actions that don’t require a rate filing are one of the fastest ways to help with insurers’ profitability during a hard market.

Verisk's new PAAS Explorer can save insurers time and help prevent premium leakage.

Here's the difference between an insurance rating engine that uses ISO Electronic Rating Content™ (ISO ERC) and one that doesn't.

Learn how commercial lines insurers are leveraging the power of a standardized rating engine to help them spin up new products quickly.

Auto History Score is purpose-built using modeled data, correlated with future claims, to help auto insurers refine rating segmentation.

Personal auto insurance is set for a hard market in 2022 as claim frequency and severity rise amid inflationary pressures and risky driving.

Rating-as-a-Service (RaaS) allows insurers to receive Verisk’s ISO Electronic Rating Content (ERC) with a cloud-based API.

Personal lines insurers seek fast quoting for better customer experiences (CX), but they also need rigorous cost and underwriting controls.

Homeowners insurers and their customers in Florida are navigating a turbulent market, and roof coverage figures prominently in the turmoil.

Competition and growing digital information sources demand that auto insurers balance underwriting data consumption with cost efficiency.

Automated underwriting can help homeowners insurers be thorough, consistent, and fast with timely, actionable data and analytics.