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...
Insurance Industry Should Expect $100 Billion in Catastrophe Losses Every Year: Verisk September 11, 2023 By Chad Hemenway Total global insured losses from natural catastrophes of more than $100 billion a year may be less newsworthy than in...
Claims Business: Verisk and Vexcel, GEICO and CCC, McLarens October 6, 2022 By Claims Journal staff Verisk, Vexcel Partner to Collect Aerial Images After Ian Verisk said it is working with Vexcel Data Program and the...
Claims People: Verisk, Athens Administrators, WCI June 13, 2022 By Claim Journal staff Verisk Appoints Claims Solutions President Verisk announced that Maroun Mourad will succeed Rich Della Rocca as president, claims solutions on...
Japan Earthquake to Cost Insurers Between $2B and $4B – Verisk March 24, 2022 The powerful earthquake that jolted Japan’s northeast coast last week is expected to cause insured property losses between $2 billion...
Claims Business: Davies, Verisk, Sedgwick and Enlyte October 21, 2021 By Claim Journal staff Davies Acquires IRS London-based international claims administrator Davies has acquired Insurance Risk Services. IRS, based in Lake Mary, Fla., conducts...