Rating Integrity

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.

As e-bikes become more popular, there are increasing concerns insurers must consider.

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.

From estimating to calculating: Predictive modeling and machine learning remove the guesswork from evaluations.

Solutions to ease entry into the businessowners policy program market and sustain that business across the value chain.

Determining or verifying key risk characteristics of insured property or vehicles can be costly, labor-intensive, and time-consuming.

Total reconstruction costs, including materials and labor, increased 3.1% from April 2022 to 2023. Costs continue to slow down and steady.

Here's what we here at Verisk accomplished in 2022.