Property Claim Services (PCS) News

Verisk Company PCS Adds Global Cyber Industry Loss Index

Property Claim Services (PCS), a Verisk business, has enhanced its PCS Global Cyber service with coverage for cyber catastrophe events. The inclusion of events with multiple insureds spanning both affirmative and silent cyber addresses industrywide insured losses of at least …

Future Reports to Include Both Private, Public Flood Insurance Loss Estimates

Beginning with Hurricane Harvey, the private sector Property Claim Services will publish aggregate flood loss information supplied by the federal government’s National Flood Insurance Program (NFIP). Historically, NFIP losses have been excluded from PCS’s industry insured loss estimates. With this …

Texas Had Costliest U.S. Cat Losses in First Half of 2015: PCS

Texas had the most catastrophe losses in the United States during the first half of 2015, according to a new report on North American cat losses during the first six months of the year. Seventeen second-quarter catastrophe events in North …