JERSEY CITY, N.J., July 28, 2020 — The surplus for the private U.S. property/casualty insurance industry dropped by $75.9 billion in the first quarter of 2020—its largest-ever quarterly decline—as the stock market suffered a major downturn, according to Verisk (Nasdaq:VRSK), a leading data analytics provider, and the American Property Casualty Insurance Association (APCIA).
JERSEY CITY, N.J., July 27, 2020 — Verisk (Nasdaq:VRSK), a leading data analytics provider, today announced a new ISO ClaimSearch® accelerator for Guidewire ClaimCenter v10. The accelerator enables customers that use ClaimCenter v10 to seamlessly access the real-time claim analysis, valuable alerts, and actionable insights available through the ISO ClaimSearch platform.
BOSTON, July 27, 2020 — Catastrophe risk modeling firm AIR Worldwide (AIR) announced the release of its updated Earthquake Model for Australia. These updates were prompted by findings in the National Seismic Hazard Model from Geoscience Australia (GA), which challenged established conceptions of Australia’s seismic hazard and generally decreased the view of seismic hazard significantly.
JERSEY CITY, N.J., July 22, 2020 — Verisk (Nasdaq:VRSK), a leading data analytics provider, today announced the latest release of ARC (Analytics of Risk from Cyber), a state-of-the-art cyber risk modeling platform that informs risk selection, portfolio management, and risk transfer.
JERSEY CITY, N.J., July 20, 2020 — Verisk (Nasdaq:VRSK), a leading data analytics provider, today announced the release of Life Risk NavigatorTM, an innovative, cloud-based stochastic risk modeling platform that offers in-depth portfolio analytics which can enhance risk selection, quantify changes in mortality rate, improve hedging strategies, and drive better financial decision-making.
JERSEY CITY, N.J., July 16, 2020 — ISO, a Verisk (Nasdaq:VRSK) business, has launched a new homeowners endorsement to address damage to underground utility lines, a risk that isn’t always handled by municipalities or covered in standard homeowners insurance policies.
BOSTON, July 15, 2020 — Catastrophe modeling firm AIR Worldwide today announced that as part of its Touchstone® 2020 software release, clients now have the ability to access a premium international address-level geocoding feature from Precisely, the global leader in data integrity, to enhance the quality of their exposure data. AIR Worldwide is a Verisk (Nasdaq:VRSK) business.
BOSTON, July 14, 2020 — Catastrophe risk modeling firm AIR Worldwide (AIR) announced today that it has updated its Hurricane and Inland Flood Models for the United States. The update for the hurricane model features a new module for precipitation-induced flood risk, while the flood model includes major enhancements to both hazard and vulnerability, including a new, higher-resolution digital terrain model.
BOSTON, July 13, 2020 — Catastrophe modeling firm AIR Worldwide announced that CNA has transitioned to AIR’s Touchstone solution as its primary catastrophe risk modeling platform. AIR Worldwide is a Verisk (Nasdaq:VRSK) business.
JERSEY CITY, N.J., July 13, 2020 — Verisk (Nasdaq:VRSK), a leading data analytics provider serving customers in insurance, energy and specialized markets, and financial services, will report its financial results for the fiscal second quarter ended June 30, 2020, on Tuesday, August 4, 2020, after the market close.