Catastrophe modeler Verisk predicted wind, storm surge and flooding from last month’s Hurricane Helene will cause insured losses of between...
Verisk News
Executive Summary: Insurers and reinsurers are responding to heightened risks of civil unrest with better calculations of their probable maximum...
Insured industry losses from the flooding in the Czech Republic, Poland and Austria in September 2024 will range from €2...
Urban expansion, property exposure and climate change could fuel a 40% increase in annual natural-catastrophe losses for the global insurance...
The U.S. property/casualty insurance industry recorded a net underwriting gain of $3.7 billion and net income of $94.6 billion for...
Total reconstruction costs in the U.S. rose by 5.2% from July 2023 to July 2024. That’s a large increase from...
Verisk’s Property Claim Services unit confirmed reports it has designated the recent global information technology outage as a cyber catastrophe...
Estimated industry insured losses to onshore property from wind in the U.S. for Hurricane Beryl will range between $2 billion...
The U.S. property/casualty market sustained an estimated $21.1 billion in underwriting losses in 2023, highlighting the challenges the industry faces...
How can artificial intelligence change property and casualty insurance claim processing? Two industry experts answered that question from a few...