Verisk releases new quarterly reconstruction costs report for Q1 2024.
Automate rating process and save time, money and resources with ISO Electronic Rating Content™ (ERC™) and Rating-as-a-Service (RaaS)
Artificial intelligence powers search-and-match algorithms that improve hit rates and predictive analytics help identify insurance fraud.
A new Verisk analysis evaluates the personal auto insurance industry and how to get back on track using several strategies and solutions.
Total reconstruction costs increased 5.1% from October 2022 to 2023. This uptick follows the 4.3% increase from July 2022 to July 2023.
To help insurers navigate the increasing complexity in the market, Verisk has developed the Market Expectations Index for 360Value.
Insurers must explore changes affecting their risk portfolio and leverage component- and property-level insights to help them maintain ITV.
Current and curated data about a structure’s age, square footage, and use are the backbone of reliable reconstruction cost estimates (RCEs).
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.
Total reconstruction costs increased 4.3% from July 2022 to July 2023. This uptick follows the 3.1% increase from April 2022 to April 2023.
Starting a businessowners insurance policy program begins with understanding the opportunity and continues with gathering the components
Market value and reconstruction cost estimates are unique measures subject to different forces; only RCEs should be used for coverage.
The ISO businessowners policy program is ready out of the box to meet many carrier requirements
Understanding vehicle risk is critical to improve segmentation, refine pricing and enhance profitability. Gain insights from 50+ components.
Despite mitigation measures, natural hazards may still cause damage, and insurers need actionable data to guide underwriting and pricing.