Verisk Estimates Insured Losses for Palisades and Eaton Fires at $28B to $35B January 23, 2025 New estimates peg insured losses to property from the Palisades and Eaton fires in Los Angels together will fall between...
Verisk to Get First Cat Model Under Review for Insurance Ratemaking in California January 3, 2025 Verisk said on Thursday it will be the first modeler to request a review of its wildfire catastrophe model under...
Cargo Theft Surges as Holiday Season Approaches, Verisk Says December 20, 2024 Be on the lookout for Grinch-like characters hanging out at transportation hubs over the holidays. A CargoNet analysis of holiday-period...
Alert: Cargo Theft Risks Spike During Thanksgiving Holiday November 22, 2024 Cargo theft tends to pick up over the Thanksgiving period, an analysis warns. According to a supply chain analysis by...
3Q Supply Chain Analysis Shows Organized Crime Driving Increased Theft Activity October 23, 2024 A new report shows a large year-over-year increase in cargo theft incidents and evolving organized crime tactics. A CargoNet analysis...
Verisk Estimates Insured Losses for Hurricane Milton at Between $30B and $50B October 16, 2024 Insured industry losses to onshore property for Hurricane Milton will fall between $30 billion and $50 billion, according to an...
Verisk’s Insured Loss Estimates From Helene in Line with Other Modelers October 8, 2024 Another important modeler has rung in with insured loss estimates from the damages wrought by Hurricane Helene. Verisk estimates industry...
Verisk Estimates Global Modeled Insured Average Annual Loss from Nat Cats at $151B September 11, 2024 In the past five years, the annual insured losses from natural catastrophes averaged $106 billion, up from $83 billion in...
U.S. P/C Insurance Industry Posts First H1 Underwriting Profit Since 2021 August 29, 2024 The U.S. property/casualty insurance industry recorded a net underwriting gain of $3.7 billion and net income of $94.6 billion for...
Verisk: Reconstruction Costs in U.S. Rose 5.2% from Last Year August 19, 2024 Total reconstruction costs in the U.S. rose by 5.2% from July 2023 to July 2024. That’s a large increase from...