Verisk News

M&A News: CRS/Klein & Co., Eberl/Carwood Claims, Verisk/Rulebook

CRS Temporary Housing Announces Merger with Klein & Company In partnership with GenNx360 Capital Partners, CRS Temporary Housing merged with Klein & Company on November 30, 2018. Founded in 1995 and based in Golden, Colo., Klein & Co. provides hotel …

Business News: Verisk, CoreLogic, Arbella

Verisk Launches WaterLine for Private Flood Insurance Market Verisk, a data analytics provider, announced the launch of WaterLine, an underwriting tool that scores flood risk for all properties in the contiguous United States, helping insurers meet the needs of the …

Business News: AF Group, Verisk, Understory

AF Group Expands Into Commercial Auto AF Group announced its expansion into commercial auto insurance with the launch of Fundamental Underwriters, a new product aimed at providing superior insurance coverage for accounts with specialty risks. Fundamental Underwriters is a managing …

Best Inspection Program Incorporates Ground, Aerial Imagery

Dorado, Puerto Rico, Feb. 13, 2018–Blue roofs are visible in the town of Villa Santa in the municipality of Dorado. FEMA/K.C. Wilsey While aerial imagery offers the broadest range of images with the highest refresh rates, it isn’t usually at …

Drone Inspection Programs Offer Safety, Cost Saving Benefits

Insurers are increasingly using drones to inspect property damage, according to Cory Shelton, head of UAV Technology at Geomni, a Verisk business. In a recent interview with Claims Journal, he explained the pros and cons of using drones for property …

Business News: Sedgwick, Verisk, CLARA Analytics

Sedgwick has finalized the purchase of global loss adjusting, claims management and risk solutions firm Cunningham Lindsey and its subsidiaries. The combined organization—including the subsidiaries of Sedgwick, Vericlaim and Cunningham Lindsey, with select exceptions—will move toward operating globally under the …

Study Finds Extreme Winter Weather Is Strongly Related to Arctic Warmth

In recent decades, extreme winter weather has become more strongly connected to disruptions in the polar vortex, according to a new study from Atmospheric and Environmental Research (AER), a Verisk business, and Rutgers University, published in Nature Communications. It revealed …

Business News: QBE, Verisk, Acadia Insurance

QBE North America Adds Breach Plan Services to Cyber Policies QBE North America, an integrated specialist insurer, announced the inclusion of data breach planning services in all cyber policies, giving policyholders a simplified approach to the development of an actionable …

Despite 2017 Catastrophes, Industry Surplus at All Time High

Due to multiple catastrophes during the first nine months of 2017, property/casualty insurers saw profits plummet, according to the latest Verisk report on the state of the industry. Even so, P/C insurers are doing well, said Beth Fitzgerald, senior vice …

How Cyber Market Changes Will Impact Claims

Changes in the cyber insurance market are expected to bring challenges to claims departments, according to Tom Johansmeyer, assistant vice president at PCS, a division of Verisk Insurance Solutions. In an interview with Claims Journal, he explained that as the …