S&P Warns of Reinsurer Protections as Catastrophe Risks Escalate September 8, 2025 By Gautam Naik As natural catastrophes become more frequent and destructive, a key backstop intended to help cover losses has gotten harder to...
US P/C Insurance Industry First-Half Underwriting Profit Triples September 4, 2025 The U.S. property/casualty insurance industry recorded a net underwriting gain of $11.5 billion and net income of $49.1 billion for...
California Department of Insurance Completes Final Review of Wildfire Model July 24, 2025 The California Department of Insurance completed a review of the state’s first wildfire catastrophe model, marking a dramatic change in...
Verisk: Q1 Claims Volume Hits 5-Year Low but Severity Up on Wildfire Losses June 19, 2025 By Ezra Amacher The first three months of 2025 brought devastating wildfires to California, significant wind and hail events to Texas, and substantial...
AI Risks Voted Top Concern in Verisk’s Emerging Issues Bracket June 16, 2025 By Allen Laman College basketball turned heads in March. Now, we're have the final rounds of Verisk's emerging issues bracket that could hold...
Roof Repair and Replacement Costs Up Nearly 30% Since 2022: Verisk April 10, 2025 By Allen Laman Roof repair and replacement cost value totaled nearly $31 billion last year — up nearly 30% since 2022, according to...
Verisk Buy of Nasdaq Subsidiary Gains Access to Hundreds of Catastrophe Models April 2, 2025 Verisk said today it has acquired Nasdaq subsidiary Simplitium Limited, the owner and operator Nasdaq Risk Modelling for Catastrophes (NRMC)....
US P/C Insurance Industry Income Tops $100B in 2024: Verisk, APCIA March 21, 2025 The U.S. property/casualty insurance industry reported its first full-year underwriting gain in four years, fueling a jump in net income...
Verisk Webinar Highlights Emerging Psychoactive Substance Risks March 4, 2025 By Allen Laman As public perception and the legality of cannabis and other novel psychoactive substances continue to evolve, what emerging risks and...
Cargo Theft Surges as Holiday Season Approaches, Verisk Says December 23, 2024 Be on the lookout for Grinch-like characters hanging out at transportation hubs over the holidays. A CargoNet analysis of holiday-period...