Rating Integrity

5/4/2023 - 3 min read

How Insurtech Can Better Determine Sufficient Contents Coverage

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

5/1/2023 - 2 min read

It’s a good time for insurers to consider a businessowners program

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

4/28/2023 - 0 min read

Having the best of both worlds in property and auto inspections

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

4/12/2023 - 2 min read

Reconstruction cost dips signal increased market stabilization

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

3/10/2023 - 5 min read

Underwriting innovation: The 2022 year in review

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

3/6/2023 - 5 min read

How non-rate actions are easing personal auto profitability pressures

Verisk has seen a marked increase in insurers seeking strategic sourcing of non-rate actions to confront premium leakage in 2023.

2/27/2023 - 5 min read

Which emerging issue will shape the P/C industry in 2023…and beyond

The 2023 Emerging Issues Bracket Challenge is our opportunity to see which issues have your attention this year.

2/8/2023 - 1 min read

The Claims Connection: A Key Consideration for ITV Alignment

The truest test of an ITV solution is how it performs with actual losses, which can yield critical data to validate and calibrate RCEs.

1/6/2023 - 6 min read

Pricing physical damage for commercial auto in an era of inflation

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

1/4/2023 - 2 min read

Do you have the right tools to assess the nonstandard auto market?

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

10/31/2022 - 2 min read

Keeping pulse: Tracking the latest price surges to maintain ITV

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

10/19/2022 - 3 min read

Hurricane Ian and other pressures drive uptick in reconstruction costs

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

10/3/2022 - 3 min read

Non-rate actions: Dial in profit during a hard personal auto market

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.

9/27/2022 - 2 min read

For insurers, a map to more accurate insurance classifications

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

9/27/2022 - 3 min read

What insurers need to know about ISO Commercial Lines Manual rating engine vendors

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