Verisk Analytics, Inc. (OQ:VRSK)

Business Focus: Technology Consulting & Outsourcing Services

Jun 29, 2022 09:00 am ET
Verisk Launches First Notice of Loss (FNOL) Service to Help Property/Casualty Insurers Improve Claims Processing Efficiencies
Property/casualty insurers using Verisk’s (Nasdaq: VRSK) ClaimSearch® solution can now append certain missing information with insurer-contributed first notice of loss (FNOL) data to help process claims faster and more efficiently. As part of the...
Jun 27, 2022 09:00 am ET
Verisk and Loveland Innovations Integration Expedites Property Claims Scoping Process
Insurance adjusters and contractors can now expedite the estimate creation process with a new integration between Verisk (Nasdaq: VRSK)’s claims-handling solutions, Xactimate® and XactAnalysis®, and Loveland Innovations’ IMGING® property inspection...
Jun 27, 2022 07:30 am ET
Verisk Named One of the 2022 Best Workplaces in New York™ by Fortune Magazine and Great Place to Work® for Second Consecutive Year
Fortune magazine and Great Place to Work have honored Verisk (Nasdaq: VRSK) as one of the Best Workplaces in New York for the second consecutive year. The award recognizes Verisk, a leading global data analytics provider, for its outstanding...
Jun 14, 2022 09:00 am ET
Verisk’s Infutor to Launch Identity Resolution as a Native Application on Snowflake Marketplace
Infutor, a Verisk business and consumer identity management expert, today announced that it is launching Infutor Identity Resolution, an embedded application that will enrich and activate first-party data natively in the Snowflake Data Cloud. The...
Jun 09, 2022 09:00 am ET
Verisk’s Tracey Waller Wins Business Insurance 2022 Breakout Award
Tracey Waller, director of small commercial underwriting at Verisk (Nasdaq: VRSK), has won a 2022 Breakout Award from Business Insurance magazine. The Breakout Award honors 40 top professionals on track to be the next leaders in the risk management...
Jun 08, 2022 09:00 am ET
West Bend Mutual Insurance Company Accelerates its Underwriting with Verisk Solution
West Bend Mutual Insurance Company is transforming its underwriting and customer experience by tapping the high-quality data and analytics of LightSpeed® Small Commercial from Verisk (Nasdaq: VRSK), a leading global data analytics provider....
Jun 07, 2022 09:00 am ET
Verisk and LIMRA Partner to Combat Fraud, Financial Crimes in Life Insurance, Annuity and Retirement Markets
Building on the unique strengths of the two organizations, LIMRA and Verisk are partnering to deliver greater capabilities to insurers and recordkeepers to help them combat fraud and financial criminal attacks on their customers. FraudShare,...
Jun 02, 2022 04:10 pm ET
Verisk to Present at Three Investor Conferences Next Week
Verisk (Nasdaq: VRSK), a leading global data analytics provider, today announced that company leaders will present at three upcoming investor conferences. Bill Churney, president of Verisk Extreme Event Solutions, and Matthew Moshiri, president...
Jun 01, 2022 04:30 pm ET
Verisk Names Maroun Mourad President of Claims Solutions
Verisk (Nasdaq: VRSK), a leading global data analytics provider, today announced that Maroun Mourad will succeed Rich Della Rocca as President, Claims Solutions, upon his retirement, effective July 1, 2022. “We have a deep and talented bench of...
Jun 01, 2022 09:00 am ET
Verisk Expands Weather Intelligence with Mapping and Analytics Platform
Insurers, first responders and supply chain logistics operators can now analyze the impact of severe weather more effectively with Verisk’s newly enhanced web-based weather analytics data solution. Verisk (Nasdaq: VRSK) is a leading global data...
May 31, 2022 09:00 am ET
HDI Global Leverages Verisk’s Mozart Form Composer® to Streamline Forms Management
Industrial insurer HDI Global Insurance Company (HDI) will be leveraging the cloud-based technology and advanced analytics of Verisk (Nasdaq: VRSK), a leading global data analytics provider, to help increase efficiency and develop innovative...
May 26, 2022 09:00 am ET
Property and Casualty Insurers Experience Underwriting Loss in 2021, But Remain Strong
Despite experiencing an underwriting loss, the property/casualty insurance industry ended 2021 strong and able to support policyholders, according to a report from Verisk (Nasdaq: VRSK), a leading global data analytics provider, and the American...
May 25, 2022 08:43 am ET
Verisk Appoints Lee M. Shavel as CEO, Mark V. Anquillare as President, Three New Independent Directors to Board of Directors
Verisk (Nasdaq: VRSK), a leading global data analytics provider, today announced the appointment of Lee M. Shavel to CEO and Mark V. Anquillare to President following the company’s annual shareholder meeting. Shavel was also elected to the Verisk...
May 24, 2022 09:00 am ET
Verisk and Swiss Re Help Insurers Drive High Performance Auto Portfolios
Verisk (Nasdaq: VRSK), a leading global data analytics provider, announced today that Swiss Re is using Verisk’s ISO DataCube™ to help auto insurers improve the performance of their existing books and unlock new business opportunities. Using ISO...
May 18, 2022 09:00 am ET
Verisk Marketing Solutions Debuts First Infutor-Jornaya Product Innovations at V!A Summit
Verisk Marketing Solutions, the business unit of Verisk (Nasdaq: VRSK) that provides data solutions to marketers, today announced a preview of product enhancements and innovations enabled by the integration of Infutor and Jornaya. The first wave of...
May 17, 2022 09:00 am ET
Online Companies Inject Speed and Ease into Auto Insurance Shopping with Verisk Solution
Two companies are transforming the online auto insurance purchasing experience with Verisk’s LightSpeed for Personal Auto solution. Way.com, a digital agency that connects drivers with parking, car wash and auto insurance offers, and Roamly, the...
May 12, 2022 09:00 am ET
Auto Insurers Aim to Streamline the Total-Loss Process with Verisk’s New Lien Check Solution
Insurers can now aim to reduce the inefficiencies and challenges involved in settling total-loss vehicle claims with Lien Check, a new solution from Verisk (Nasdaq: VRSK). The tool automatically provides claim handlers with critical lender data...
May 03, 2022 05:14 pm ET
Verisk Names Bruce Hansen Chairperson of the Board of Directors
Verisk (Nasdaq: VRSK), a leading global data analytics provider, today announced that Bruce Hansen has been named Chairperson of the Board of Directors, effective as of May 5, 2022. Hansen will succeed Scott G. Stephenson who, as previously...
May 03, 2022 04:10 pm ET
Verisk Reports First-Quarter 2022 Financial Results
Verisk (Nasdaq: VRSK), a leading global data analytics provider, today announced results for the first quarter ended March 31, 2022.Scott Stephenson, chairman, president, and CEO, said, "It has been an honor to lead this company. The Verisk I...
Apr 26, 2022 09:00 am ET
Verisk Publishes 2021 Corporate Social Responsibility Report
Verisk (Nasdaq: VRSK), a leading global data analytics provider, has published its annual Corporate Social Responsibility Report. The 2021 report illustrates how Verisk and its team members help customers around the globe better understand issues,...
Apr 25, 2022 03:15 am ET
Wood Mackenzie scales renewable markets data reach as Canadian Solar joins Lens Power Development Partner Program
Wood Mackenzie welcomes Canadian Solar as a development partner for its industry-leading Lens® decision intelligence platform, which delivers live data across the industrial landscapes of every global economy. Canadian Solar, (Nasdaq: CSIQ) one...
Apr 08, 2022 08:27 am ET
TransUnion Completes Acquisition of Verisk Financial Services
TransUnion (NYSE:TRU) announced today that it has completed the acquisition of Verisk Financial Services (“Verisk Financial”), the financial services business unit of Verisk (Nasdaq: VRSK), for $515 million. Leading financial institutions, payment...
Apr 06, 2022 09:00 pm ET
Verisk Brings Health Risk Rating Tool to China with AXA Life & Health Reinsurance
Verisk (Nasdaq: VRSK), a leading global data analytics provider, is pleased to announce that medical (re)insurance provider AXA Life & Health Reinsurance Solutions is using Verisk’s Health Risk Rating Tool to provide its insurance partners in China...
Apr 05, 2022 04:15 pm ET
Verisk to Announce Fiscal First-Quarter 2022 Results on May 3, 2022
Verisk (Nasdaq: VRSK), a leading global data analytics provider, will report its financial results for the fiscal first quarter ended March 31, 2022, on Tuesday, May 3, 2022, after the market close. The press release, with accompanying financial...
Apr 05, 2022 09:00 am ET
Life Insurers Can Accelerate Past-Due Child Support Payments with Verisk Data
Life insurers will be able to help streamline matching of claim settlements with outstanding child support obligations under agreements Verisk announced today with the Child Support Lien Network (CSLN) and the federal Office of Child Support...
Apr 04, 2022 08:00 am ET
Verisk Assembles Climate Advisory Council
To help organizations better understand the impacts of climate change and inform their resilience and sustainability efforts, Verisk (Nasdaq: VRSK) has formed the Verisk Climate Advisory Council. Council members will provide strategic guidance and...
Mar 23, 2022 08:00 pm ET
Verisk Estimates Insured Industry Losses for M7.3 Namie, Japan, Earthquake
According to Verisk Extreme Event Solutions (formerly AIR Worldwide), insured losses to properties from the March 16 M7.3 earthquake that struck offshore the island of Honshu, Japan, will be between JPY 240 billion (~USD 2 billion) and JPY 490...
Mar 22, 2022 09:00 am ET
Verisk Streamlines Section 111 Medicare Compliance with Ready for Guidewire Accelerators
Insurers, self-insureds and Third Party Administrators (TPAs) can now more easily fulfill their Section 111 Medicare reporting compliance requirements with Ready for Guidewire accelerators from Verisk (Nasdaq: VRSK), a leading global data analytics...
Mar 21, 2022 10:30 am ET
Industry leaders to speak at Wood Mackenzie’s inaugural Low-Carbon Hydrogen Conference
Low-carbon hydrogen will play a fundamental role in transforming the energy, transportation and heavy industries sectors to achieve a net-zero economy. However, the pace at which low-carbon hydrogen production will become commercially viable varies...
Mar 21, 2022 08:00 am ET
Verisk Provides Update on Activities to Enhance Shareholder Value
Verisk (Nasdaq: VRSK) today provided an update on its ongoing activities to advance corporate governance and drive enhanced shareholder value. The Verisk Board of Directors, in consultation with management and informed by input received from D.E....
Mar 17, 2022 05:23 pm ET
Verisk Issues Statement Regarding D.E. Shaw
Verisk (Nasdaq: VRSK) today issued the following statement regarding the press release issued today by D.E. Shaw: The Verisk board of directors has engaged in a constructive private dialogue with D.E. Shaw since October 2021. During those...
Mar 17, 2022 10:20 am ET
The D. E. Shaw Group Calls for Further Change at Verisk and Sends Letter to Board of Directors
Says Verisk Should Position Itself as a Pure Play Insurance Data Business
Mar 17, 2022 09:00 am ET
Verisk’s FAST Ranked Top Life Insurance and Retirement Platform in ISG Provider Lens Report for Second Consecutive Year
Verisk’s FAST technology platform for life insurers and annuity providers has received top rankings from Information Services Group Inc. (ISG) for the second consecutive year based on the strength and breadth of its offering. In competitive...
Mar 15, 2022 09:00 am ET
Mile Auto Enhances Insurance Experience for Low-Mileage Drivers with Verisk Telematics
Insurtech innovator Mile Auto has integrated telematics solutions from Verisk (Nasdaq:VRSK), a leading global data analytics provider, to help consenting, low-mileage drivers easily access affordable car insurance based on how much they drive. By...
Mar 14, 2022 09:00 am ET
New Collaboration with Ametros Offers Verisk Customers Best-in-Class Professional Administration Services
Verisk (Nasdaq:VRSK), a leading global data analytics provider, announced today that it has teamed up with Ametros to provide its professional administration services to Verisk customers. Ametros is an industry leader in providing post-settlement...
Mar 08, 2022 07:00 am ET
Verisk and Ford partner to offer standardised, insurance-ready connected car data in Europe
Verisk (Nasdaq:VRSK), a leading global data analytics provider, is pleased to announce an agreement with Ford Motor Company (NYSE: F). As part of the agreement, Verisk can offer standardised, insurance-ready telematics data from connected Ford...
Mar 01, 2022 04:05 pm ET
Verisk Acquires Opta, Canada’s leading provider of property intelligence and technology solutions
Leading global data analytics provider Verisk (Nasdaq: VRSK) announced today it has acquired Opta, Canada’s leading provider of property intelligence and innovative technology solutions. The acquisition further expands Verisk’s footprint in the...
Feb 28, 2022 09:00 am ET
With 47 New Insurance Carriers Contributing, Verisk’s ISO Statistical Database Breaks Growth Record for 2nd Year in a Row
Verisk’s insurance database has broken its growth record for the second consecutive year. An additional 47 property/casualty insurers have committed to contributing their premium and loss records in 2022, gaining access to critical analytics from...
Feb 24, 2022 04:15 pm ET
Infosec Institute and Verisk Collaborate to Help Insurers Thwart Cyberattacks
Infosec Institute, a leading cybersecurity education provider, announced today a collaboration with Verisk (Nasdaq:VRSK) to help businesses mitigate cyber risks. Through the collaboration, insurers who license the ISO Cyber Insurance Program from...
Feb 24, 2022 09:00 am ET
Verisk Acquires Identity Resolution & Consumer Intelligence Leader Infutor
Verisk (Nasdaq: VRSK), a leading global data analytics provider, announced today it has acquired Infutor, a leading provider of identity resolution and consumer intelligence data. The acquisition further enhances Verisk’s marketing solutions...
Feb 22, 2022 04:10 pm ET
Verisk Reports Fourth-Quarter 2021 Financial Results
Verisk (Nasdaq:VRSK), a leading global data analytics provider, today announced results for the fourth quarter and fiscal year ended December 31, 2021. Scott Stephenson, chairman, president, and CEO, said, “Verisk is at an exciting juncture in...
Feb 22, 2022 06:14 am ET
TransUnion Enhances Consumer Insights with Agreement to Acquire Verisk Financial Services
TransUnion (NYSE:TRU) has signed a definitive agreement to acquire Verisk Financial Services, the financial services business unit of Verisk (Nasdaq: VRSK). Verisk Financial is relied upon by leading financial institutions, payments providers and...
Feb 22, 2022 06:00 am ET
Verisk Announces Sale of Its Financial Services Business to TransUnion
Verisk (Nasdaq: VRSK), a leading global data analytics provider, today announced that it has entered into a definitive agreement to sell Verisk Financial Services, its financial services business unit, to TransUnion (NYSE: TRU), a global...
Feb 18, 2022 08:15 am ET
Verisk Announces Leadership Succession
Verisk (Nasdaq: VRSK), a leading global data analytics provider, today announced that Scott G. Stephenson, Chairman, President and CEO of Verisk, will be retiring from the company following Verisk’s 2022 Annual Shareholder Meeting. The Verisk...
Feb 17, 2022 07:00 am ET
Verisk Maplecroft Launches Sovereign ESG Ratings
Verisk Maplecroft, a global risk analytics business of Verisk (Nasdaq:VRSK), has launched new Sovereign ESG Ratings to provide investors with the most comprehensive picture available of ESG risks and opportunities across the entire current and...
Feb 15, 2022 09:00 am ET
Property and Casualty Insurers See $5.6B Net Underwriting Loss in Nine Months 2021
Private U.S. property/casualty insurers saw a $5.6 billion net underwriting loss in the first nine months of 2021, as non-catastrophe losses returned to pre-pandemic levels, according to a report by Verisk (Nasdaq:VRSK), a leading global data...
Feb 07, 2022 09:00 am ET
Verisk’s FAST Platform Powers Pacific Life’s Launch of Level-Premium Term Life Insurance Product
Verisk (Nasdaq:VRSK) announced today that Pacific Life’s level-premium term life insurance product, Pacific Elite Term, is in production with Verisk’s FAST platform for new business, policy administration and claims. The launch marks another...
Feb 02, 2022 07:00 am ET
HOVER and Verisk Team Up to Streamline Property Claims
SAN FRANCISCO and LEHI, Utah, Feb. 2, 2022 /PRNewswire/ -- Insurance carriers, adjusters, restorers and policyholders can now streamline claims estimating through an integration between Verisk's Xactimate®, the industry-leading claims estimating system, and HOVER, the technology company that transforms smartphone photos of any property into a digital twin with valuable 3D data for insurance partners.
Jan 25, 2022 04:15 pm ET
Verisk to Announce Fiscal Fourth-Quarter 2021 Results on February 22, 2022
Verisk (Nasdaq:VRSK), a leading global data analytics provider, will report its financial results for the fiscal fourth quarter ended December 31, 2021, on Tuesday, February 22, 2022, after the market close. The press release, with accompanying...
Jan 24, 2022 04:30 pm ET
Verisk Announces Sale of 3E Business to New Mountain Capital
Verisk (Nasdaq: VRSK), a leading global data analytics provider, today announced that it has entered into a definitive agreement to sell its 3E business to New Mountain Capital, a growth-oriented investment firm with over $35 billion in assets...
Jan 18, 2022 09:00 am ET
Verisk’s FAST Wins Two Celent XCelent Awards for Advanced Technology, Versatility in Life and Annuity Administration
Verisk’s FAST platform for innovation in life insurance and annuities is a double winner in Celent’s 2021 XCelent Awards for individual policy administration systems (PAS) in North America. FAST, with capabilities spanning from product development...
Jan 05, 2022 09:00 am ET
Verisk Earns Sixth Consecutive Great Place to Work Certification™
For the sixth consecutive year, leading global data analytics provider Verisk (NASDAQ: VRSK) is Certified™ in the United States by Great Place to Work. Based on employee feedback, the certification honors Verisk for its outstanding workplace...
Dec 09, 2021 09:00 am ET
Pioneer State Mutual Integrates Verisk’s Local Fire Protection Data
Pioneer State Mutual Insurance Company is transforming its property underwriting with advanced analytics from Verisk on the fire protection capabilities of local communities throughout Michigan. By integrating data from Verisk’s Public...
Dec 06, 2021 04:00 am ET
Wood Mackenzie Appoints Elena Belletti as Head of Carbon Research
Wood Mackenzie, a Verisk business (Nasdaq:VRSK), has appointed Elena Belletti as Head of Carbon Research within the company’s Energy Transition Practice. Based in Madrid, Elena joins from the United Nations (UN) Headquarters, where she had...
Dec 01, 2021 08:06 am ET
CPower Recognized as a Leading Virtual Power Plant Provider
BALTIMORE, Dec. 1, 2021 /PRNewswire/ -- Global energy and natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), recognized CPower Energy Management ("CPower") as one of the leading providers of Commercial & Industrial Virtual Power Plants (VPPs) in a new report, Battery storage virtual power plants: From early pilots to gigawatt scale. As a leading, national energy solutions provider with more than 4.5 GW of Distributed Energy Resource (DER) managed capacity across the U.S., CPower forms VPPs by facilitating and optimizing participation in demand-side management
Nov 29, 2021 03:15 pm ET
Assess the Impact of Global Push for Electrification at Wood Mackenzie’s Grid Edge Innovation Series
Wood Mackenzie, a Verisk business (Nasdaq:VRSK), to launch the Grid Edge Innovation Series. Electrification and decarbonization are now not just a priority for grid operators and energy regulators, but at national and international levels. The...
Nov 15, 2021 08:30 am ET
Consumer Pandemic Spending Behaviors Remarkably Uniform with Recovery Tracking for Early 2023
The COVID-19 pandemic caused consumers to spend significantly less year-over-year beginning in March 2020, and that pattern was remarkably consistent across all regions and demographics in the United States, according to a study of 12.4 billion...
Nov 11, 2021 08:00 am ET
Wood Mackenzie and Ball Corporation announce satellite data analytics collaboration
Wood Mackenzie, Inc. a Verisk business (NASDAQ:VRSK), and Ball Corporation (NYSE: BLL) announced today that they have signed an agreement between the two organisations to accelerate the development of advanced analytics for energy markets....
Nov 09, 2021 09:00 am ET
U.S. Property and Casualty Insurers See Solid Performance in First Half of 2021
Private property/casualty insurers in the United States posted strong net income growth in the first half of 2021 as the country continued to recover from the economic disruption caused by the COVID-19 pandemic, according to a report from Verisk...
Nov 08, 2021 09:00 am ET
Verisk and EagleView Technology Corporation Settle Patent Suit
Verisk (Nasdaq:VRSK), a leading global data analytics provider, and Bellevue, Washington-based EagleView Technology Corporation, a leading geospatial technology provider of software, aerial imagery and analytics, announced the settlement of a...
Nov 04, 2021 09:00 am ET
Next Generation of Verisk Rating Solution Can Boost Insurers’ Efficiency and Speed to Market
Responding to a deep industry need for speed and efficiency, Verisk (Nasdaq:VRSK), a leading global data analytics provider, has launched a new cloud-based version of its ISO Electronic Rating ContentTM (ERCTM) solution that can dramatically reduce...
Nov 02, 2021 04:45 pm ET
Verisk Acquires Data Driven Safety to Further Expand Auto Insurance Analytics
Verisk (Nasdaq:VRSK), a leading global data analytics provider, has acquired Data Driven Safety, a leading public record data aggregation firm that specializes in driver risk assessment in the United States. The acquisition will expand Verisk’s...
Nov 02, 2021 04:10 pm ET
Verisk Reports Third-Quarter 2021 Financial Results
Verisk (Nasdaq:VRSK), a leading global data analytics provider, today announced results for the third quarter ended September 30, 2021. Scott Stephenson, chairman, president, and CEO, said, "Verisk's third quarter results reflect the continued...
Oct 29, 2021 09:00 am ET
Decarbonization in spotlight at Wood Mackenzie’s inaugural U.S. Solar and Energy Storage Series events
Global energy and natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq:VRSK), today launches the U.S. Solar Series 2021 and Energy Storage Series 2021. Both events run over four weeks, starting with the first session of...
Oct 25, 2021 06:02 am ET
Global Average Annual Insured Losses from Extreme Events in Excess of $100 Billion, New Report Finds
Extreme event modeling firm AIR Worldwide (AIR) today released its 2021 Global Modeled Catastrophe Losses report, detailing key global financial loss metrics based on AIR’s latest suite of models that reflect the near-present climate risk. AIR...
Oct 22, 2021 09:00 am ET
Verisk Named Diversity and Inclusion Industry Champion of the Year by Gamma Iota Sigma
Leading global data analytics provider Verisk (NASDAQ: VRSK) has been named Diversity and Inclusion Industry Champion of the Year by Gamma Iota Sigma, an international professional student organization, serving a mission of promoting and sustaining...
Oct 14, 2021 09:00 am ET
Virtual Audits Streamlined with New Digital Collaboration Tool from Verisk
The COVID-19 pandemic has taught us that virtual premium audits can be more cost-effective and efficient than traditional, on-site visits. But using legacy technology to conduct digital audits can slow down the process and increase errors—from...
Oct 12, 2021 10:05 am ET
NTT DATA Announces First Implementation of Global Insurance Digital Platform for F&G
NTT DATA, a digital business and IT services leader, recently announced its first implementation of a new annuity product, Fixed Index Linked Annuity (FILA) from F&G, a leading provider of annuities and life insurance, as part of the FAST partnership.
Oct 07, 2021 09:00 am ET
Insurers Gain Easy Access to Critical Insights on Court Verdicts with New Verisk Database
Court decisions can profoundly impact insurance companies, affecting everything from the types of exposures carriers are willing to insure to reserve allocation and claim management strategies. The verdicts associated with these court decisions can...
Oct 06, 2021 04:15 pm ET
Verisk to Announce Fiscal Third-Quarter 2021 Results on November 2, 2021
Verisk (Nasdaq:VRSK), a leading global data analytics provider, will report its financial results for the fiscal third quarter ended September 30, 2021, on Tuesday, November 2, 2021, after the market close. The press release, with accompanying...
Oct 04, 2021 09:00 am ET
Verisk AI Leverages Yelp Data to Help Insurers Underwrite Small Commercial Risk
The COVID-19 pandemic has led many small businesses to pivot or expand. As a result, new insurance coverage needs have emerged. To help insurers serve the changing marketplace, Verisk (Nasdaq:VRSK), a leading global data analytics provider, is...
Sep 29, 2021 09:00 am ET
Verisk Forges New Collaboration with Insurance Regulatory Consultants to Help Insurers Innovate
Insurers looking to enhance their operations, develop custom products and comply with state regulations can now benefit from a new collaboration between Verisk (Nasdaq:VRSK), a leading global data analytics provider, and Insurance Regulatory...
Sep 13, 2021 07:04 am ET
Verisk’s AIR Worldwide Updates Losses for Hurricane Ida to Include Impacts of Inland Flooding
Extreme event modeling firm AIR Worldwide updated its insured loss estimates for Hurricane Ida after analyzing the inland flood impacts across the entirety of its track, including the Northeast. AIR now estimates that Ida’s insured industry losses...
Sep 03, 2021 09:00 am ET
AER Leads Study to Reveal Extreme Winter Weather Is Related to Arctic Change
A new study shows that the frequency of polar vortex disruptions that is most favorable for extreme winter weather in the United States is increasing, and that Arctic change is likely contributing to the increasing trend. Led by Atmospheric and...
Sep 03, 2021 07:16 am ET
Verisk’s AIR Worldwide Estimates Insured Losses for Hurricane Ida Will Range from USD 17 Billion to USD 25 Billion
Extreme event modeling firm AIR Worldwide estimates that industry insured losses to onshore property resulting from Hurricane Ida’s winds and storm surge will range from USD 17 billion to USD 25 billion. AIR Worldwide is a Verisk (Nasdaq:VRSK)...
Sep 02, 2021 02:00 pm ET
AER Leads Study to Reveal Extreme Winter Weather Is Related to Arctic Change
A new study shows that the frequency of polar vortex disruptions that is most favorable for extreme winter weather in the United States is increasing, and that Arctic change is likely contributing to the increasing trend. Led by Atmospheric and...
Sep 02, 2021 07:00 am ET
Global Industry Leaders to Weigh Up How Energy Sector Can Contribute to a Net-Zero World at Wood Mackenzie’s Global Energy Summit
This year will prove pivotal for the energy sector. But as the world regroups from the Covid-19 pandemic, the challenge of limiting the impact of climate change has been brought into sharp relief and will be taken up in earnest at the COP26 summit...
Aug 24, 2021 09:00 am ET
Metromile Strengthens its Standout Consumer Experience with Verisk Insurance Data
Metromile (Nasdaq: MILE, MILEW), a leading digital insurance platform and pay-per-mile auto insurer, today announced an integration with Verisk’s LightSpeed® Auto to simplify the consumer buying experience, increase speed to bind and conversion...
Aug 23, 2021 09:00 am ET
Tax Compliance Simplified for Property Preservation Specialists Thanks to Verisk, Avalara Integration
Verisk (Nasdaq:VRSK), a leading global provider of predictive analytics and decision-support solutions, and Avalara (NYSE: AVLR), a leading provider of tax compliance automation for businesses of all sizes, today announced an integration that can...
Aug 19, 2021 09:00 am ET
MRS Selects Verisk’s Voice Analytics to Help Life Insurers Accelerate Underwriting
Many consumers may soon be able to buy life insurance more quickly without undergoing inconvenient at-home medical tests. Management Research Services (MRS), a cutting-edge technology and data provider for the life insurance industry, is...
Aug 18, 2021 11:00 am ET
Verisk and Matterport Integration Speeds Up Sketching Process for Insurance Claims
Property professionals can now rapidly generate digital 3D diagrams of loss sites directly in Verisk’s Xactimate® solution with Matterport TruePlan™ for Xactimate, a new integration with Matterport, Inc. (Nasdaq: MTTR), the leading spatial data...
Aug 17, 2021 09:00 am ET
Joyn Insurance Leverages Robust Analytics from Verisk to Transform Commercial Underwriting
New InsurTech Joyn Insurance is using robust analytics and technology from Verisk (Nasdaq:VRSK), a leading global data analytics provider, to transform the experience of transacting insurance for brokers who serve small and medium-sized businesses....
Aug 16, 2021 10:00 am ET
Verisk Names Sunita Holzer Chief Human Resources Officer
Verisk (Nasdaq:VRSK), a leading global data analytics provider, announced today the appointment of Sunita Holzer as executive vice president and Chief Human Resources Officer (CHRO). Bringing three decades of HR leadership experience across...
Aug 16, 2021 09:00 am ET
Verisk Analytics Lauded by Frost & Sullivan for Pioneering Telematics Data Exchange for Usage-Based Insurance in North America
By enabling connections across a vast network of telematics data sources, the Verisk Data Exchange™ enhances the accuracy and efficiency of insurance underwriting
Aug 16, 2021 09:00 am ET
Verisk Analytics Lauded by Frost & Sullivan for Pioneering Telematics Data Exchange for Usage-Based Insurance in North America
By enabling connections across a vast network of telematics data sources, the Verisk Data Exchange™ enhances the accuracy and efficiency of insurance underwriting
Aug 13, 2021 04:15 pm ET
New Verisk and Matterport Integration Accelerates Sketching Process for Insurance Claims
Property professionals can now rapidly generate digital 3D diagrams of loss sites directly in Verisk’s Xactimate® solution with Matterport TruePlan™ for Xactimate, a new integration with Matterport, Inc. (Nasdaq: MTTR), the leading spatial data...
Aug 12, 2021 09:00 am ET
Verisk’s FAST Recognized as a Leader in 2021 Gartner® Magic Quadrant™ for Fourth Consecutive Year
Verisk’s FAST platform for the insurance and annuity industry has been recognized for the fourth year in a row as a Leader in the Gartner Magic Quadrant report. Gartner recognized Verisk’s FAST, in the August 2021 edition* as a Leader for...
Aug 09, 2021 09:00 am ET
Insurers Can Integrate Detailed Weather Analytics Into Their Systems with Verisk’s New API
Insurance claims and underwriting teams can now access detailed hail, wind, lightning and hurricane wind analytics directly within their internal claims and policy systems with a new application programming interface (API) for Benchmark®, Verisk’s...
Aug 03, 2021 04:15 pm ET
Verisk Reports Second-Quarter 2021 Financial Results
 Verisk (Nasdaq:VRSK), a leading global data analytics provider, today announced results for the second quarter ended June 30, 2021. Scott Stephenson, chairman, president, and CEO, said, “Verisk's second quarter results highlight the strength...
Jul 29, 2021 09:00 am ET
Verisk and Duck Creek Technologies Announce Enhanced Integration to Simplify, Streamline Insurer Workflows
Verisk (Nasdaq:VRSK), a leading global provider of predictive analytics and decision-support solutions, today announced its claims management solution, XactAnalysis®, now has a prebuilt integration with the Duck Creek Platform, enabling insurers to...
Jul 28, 2021 12:37 am ET
Verisk’s AIR Worldwide Estimates Insured Losses for July Floods in Germany Could Approach EUR 5 Billion
Extreme event modeling firm AIR Worldwide estimates insured losses in Germany from July flooding could approach EUR 5 billion. AIR Worldwide is a Verisk (Nasdaq:VRSK) business. Low pressure system “Bernd” parked itself over central Europe...
Jul 27, 2021 06:02 am ET
Verisk’s AIR Worldwide Enhances Extreme Event Models for Japan With Release of Updated Earthquake and Typhoon Models
Catastrophe risk modeling firm AIR Worldwide has announced the release of significantly updated AIR Earthquake and Typhoon Models for Japan. The past several years has reaffirmed the vulnerability of Japan to typhoons and earthquakes and prompted...
Jul 26, 2021 08:30 am ET
Property & Casualty Insurers’ Q1 Net Income Grows, Profitability Ratios Worsen
Private property/casualty insurers in the United States saw their net income after taxes increase in the first quarter of 2021 from a year earlier, while their combined ratio – a key measure of underwriting profitability – worsened, according to a...
Jul 15, 2021 01:08 pm ET
Verisk Named One of Fortune 2021 Best Workplaces in New York™
Verisk (NASDAQ: VRSK) has been named one of the 2021 Best Workplaces in New York™ by Fortune magazine and Great Place to Work®. The award honors Verisk, a leading global data analytics provider, for its outstanding workplace culture of engagement...
Jul 13, 2021 09:00 am ET
Clean Energy Leaders to Speak at Wood Mackenzie’s North America Power & Renewables Conference
President Joe Biden has ramped up the US climate goal to achieve a 50% reduction in greenhouse gas emissions by 2030 from 2005 levels. The revised version of the CLEAN Future Act introduced earlier this year by leaders of the House Energy and...
Jul 07, 2021 04:15 pm ET
Verisk to Announce Fiscal Second-Quarter 2021 Results on August 3, 2021
Verisk (Nasdaq:VRSK), a leading global data analytics provider, will report its financial results for the fiscal second quarter ended June 30, 2021, on Tuesday, August 3, 2021, after the market close. The press release, with accompanying financial...
Jun 30, 2021 10:00 am ET
Property Losses Topped $68 Billion in 2020 as Extreme Events and Pandemic Drove Insurance Claims, Xactware’s 2020 Property Report Found
The global pandemic and damage from winds and hurricanes had a profound impact on property claims and pricing trends throughout 2020, according to Xactware’s recently released 2020 Property Report for the United States. The volume of property...
Jun 28, 2021 09:00 am ET
Verisk LightSpeed Accelerator Added to Guidewire Marketplace Enabling Personal Auto Insurers to Transform Customer Experiences
As the pandemic has raised consumers’ digital expectations, personal auto insurers now have an easier way to bring faster, single-step, point-of-quote experiences to many shoppers — in two minutes or less. Verisk (Nasdaq:VRSK), a leading global...
Jun 23, 2021 10:00 am ET
Verisk Launches Next-Generation DrivingDNA® Score to Support Usage-Based Insurance Innovation
Verisk (Nasdaq:VRSK), a leading global data analytics provider, has launched the next generation of its advanced telematics scoring model: The DrivingDNA® Score. With an associated rating rule and expansive state rollout plan already underway, the...
Jun 22, 2021 07:01 am ET
Wood Mackenzie Launches First-of-Its-Kind Refinery Intelligence Tool
Wood Mackenzie, a Verisk business (Nasdaq:VRSK), is now offering Refinery I/O, a new tool providing daily refinery analytics from proprietary data sets. “Refinery I/O builds upon the best of Wood Mackenzie’s refinery offerings to create a...
Jun 22, 2021 06:11 am ET
Verisk’s AIR Updates Its Terrorism Model to More Comprehensively Model Damage from Conventional Bomb Blast Attacks
Catastrophe modeling firm AIR Worldwide announced that it has updated its Terrorism Model for the United States to more comprehensively model the extent of damage from conventional bomb blast attacks. Starting with the size and location of the...
Jun 21, 2021 07:00 am ET
Wood Mackenzie Scales Data Analytics Across the Energy Transition by Adding Quinbrook as a Lens Power Development Partner
Wood Mackenzie, the leading provider of commercial intelligence for the world’s natural resources sector, today welcomes Quinbrook Infrastructure Partners as a development partner for the industry-leading Lens decision intelligence platform. With...
Jun 18, 2021 08:38 am ET
Wood Mackenzie Expands Energy Transition Expertise With Acquisition of Roskill
Wood Mackenzie is pleased to announce its acquisition of Roskill, a privately-owned company and leader in metals and materials supply chain intelligence. Neal Anderson, President of Wood Mackenzie, commented: “Combining Roskill’s capabilities...
Jun 17, 2021 09:00 am ET
Training Insurance Professionals Becomes Easier with Expanded Verisk Program
In an evolving insurance workforce, insurers can now more efficiently onboard, train and develop employees on critical ISO solutions, thanks to Verisk (Nasdaq:VRSK), a leading global data analytics provider. ISO, a Verisk business, announced today...
Jun 14, 2021 09:00 am ET
Utica National Accelerates Digital Transformation with Small Commercial Data and Analytics from Verisk
The member companies of the Utica National Insurance Group are accelerating the digital transformation of its underwriting process with an ecosystem of robust data solutions from Verisk (Nasdaq: VRSK), a leading global data analytics provider....
Jun 03, 2021 09:00 am ET
Job Management and Reporting Just Got Easier for Restoration Professionals with New Integration of Verisk and Phoenix Restoration Solutions
Phoenix Restoration Equipment, a top provider of line equipment, and Verisk (Nasdaq: VRSK), a leading global provider of predictive analytics and decision-support solutions, today announced a new integration to help streamline and enhance...
Jun 01, 2021 10:00 am ET
Property Insurers Can Gain Critical Insights on Roof Risk with Verisk Data
Determining the age and replacement cost of a roof, seeing its condition evolve and understanding the potential for storm damage are becoming increasingly critical for underwriting property insurance and ensuring customers have the coverage they...
May 26, 2021 09:00 am ET
New Xactimate Feature Helps Property Professionals Estimate and Manage Water Mitigation, Interior and Exterior Claims in Minutes
Property professionals can now save significant time estimating and managing water mitigation, interior and exterior claims with SmartScopeTM, a new feature in Verisk’s Xactimate® and XactAnalysis® solutions. Verisk (Nasdaq:VRSK) is a leading...
May 24, 2021 09:00 am ET
Property & Casualty Insurers Finish 2020 Marked By Global Pandemic and Unprecedented Catastrophic Events
Property/casualty insurers weathered a turbulent year in 2020, buffeted by a global pandemic that deeply disrupted economic activity and a historic catastrophe season that caused nearly $62 billion in insured losses, according to a report from...
May 20, 2021 06:04 am ET
Insurance Industry Continues to Select Verisk’s AIR as its Modeler of Choice for Catastrophe Risk Management, Including Class of 2020
Catastrophe modeling firm AIR Worldwide announced that newly established international insurance and reinsurance companies from the “Class of 2020,” have selected AIR as their modeler of choice to help manage their catastrophe risk. The so-called...
May 18, 2021 09:00 am ET
National Fire Protection Association and Verisk Collaborate to Promote Importance of Community Wildfire Risk Mitigation
More than 4.5 million U.S. properties are at a high-to-extreme risk of wildfire, with more than 2 million of those in California alone, according to estimates from Verisk, (Nasdaq:VRSK), a leading global data analytics provider. To help promote the...
May 18, 2021 08:17 am ET
JobNimbus and Xactware Announce New Restoration Project Management Workflow Integration
JobNimbus, a company specializing in project management software for contractors and home services professionals, and Xactware, a leading provider of technology for the property insurance, remodeling, restoration, and mortgage and lending industries, have announced a new restoration project management workflow integration. Xactware is a Verisk (Nasdaq:VRSK) business.
May 17, 2021 09:00 am ET
Insurers Can Now Better Manage Ever-Changing Cyber Risk with Verisk’s New Cyber Risk Navigator
From data breaches and service provider outages to system failures and ransomware attacks, cyber risk is growing and intensifying, forcing many insurers to reconsider how they manage their cyber business. To help address this challenge, Verisk...
May 12, 2021 08:30 am ET
Life Insurers Can Now Distill Insights from Unstructured Data in Electronic Health Records, as Authorized by Consumers, with New Verisk Solution
Obtaining life insurance could soon become quicker and easier with the launch of an automated solution from Verisk (Nasdaq:VRSK), a leading global data analytics provider. Verisk’s new EHR Triage Engine Plus leverages natural language processing...
May 06, 2021 02:13 pm ET
ISG Ranks Verisk’s FAST at the Top of the ‘Leader’ Quadrant Among U.S. Life and Retirement Insurance Platforms
FAST, a Verisk business and innovative software provider for life insurers and annuity providers, has been ranked best for the strength and breadth of its offering among U.S. life and retirement insurance platforms by Information Services Group...
May 04, 2021 04:15 pm ET
Verisk Reports First-Quarter 2021 Financial Results
Verisk (Nasdaq:VRSK), a leading global data analytics provider, today announced results for the first quarter ended March 31, 2021. Scott Stephenson, chairman, president, and CEO, said, “I am very pleased with our start to 2021. Our first quarter...
Apr 29, 2021 09:00 am ET
Record Number of Insurers Join Verisk’s ISO Statistical Database
A record number of insurers are gaining access to analytics that are critical to their operations by joining the growing and increasingly diverse roster of insurers contributing premium and loss records to Verisk (Nasdaq:VRSK), a leading global...
Apr 28, 2021 05:08 am ET
Climate Change Could Cut Corn Belt Crop Yields by Up To 40 Percent by Increasing Unfavorable and Extreme Weather by Mid-Century, According to a New Report
Thirteen states in the United States, known as the Corn Belt, are responsible for 90 percent of the corn grain and produce in the country and almost 30 percent of the global corn crop. Using climates projected by four climate models as inputs,...
Apr 15, 2021 08:00 am ET
Mid-Hudson Co-Operative Insurance Company Selects Verisk’s Sequel to Deploy Integrated Underwriting and Claims Solutions Following Migration to ISO Electronic Rating Content
Mid-Hudson Co-Operative Insurance Company (MHC) has selected Verisk’s Sequel to provide underwriting and claims solutions to underpin migration to ISO Electronic Rating Content™ (ERC) for rating support. New York-based MHC is a member of the...
Apr 06, 2021 04:30 pm ET
Verisk to Announce Fiscal First-Quarter 2021 Results on May 4, 2021
Verisk (Nasdaq:VRSK), a leading global data analytics provider, will report its financial results for the fiscal first quarter ended March 31, 2021, on Tuesday, May 4, 2021, after the market close. The press release, with accompanying financial...
Mar 18, 2021 11:30 am ET
Verisk’s FAST Helps Pacific Life Launch New Variable Annuities, Increasing Speed to Market and Improving Customer Experience
FAST, a Verisk (Nasdaq: VRSK) business, announced today that Pacific Life’s new variable annuity product, designed for Registered Investment Advisors (RIAs), is in production with FAST-hosted solutions. Seamlessly integrated into Pacific Life’s...
Mar 16, 2021 09:20 am ET
Verisk Acquires Assets and Capabilities of 4C Solutions to Expand into Group Life Insurance Market
Group life insurance carriers can now accelerate their digital transformations with the expansion of flexible, easy-to-implement technology from FAST, a Verisk (Nasdaq:VRSK) business. FAST, a leading software provider in individual life insurance,...
Mar 03, 2021 10:00 am ET
Verisk Streamlines Digital Payments for Insurers, Contractors, Lenders, Vendors and Consumers with VeriskPay
Verisk (Nasdaq:VRSK), a leading global data analytics provider, has introduced VeriskPayTM, a digital payment solution that allows Verisk customers to rapidly receive and issue digital payments. Leveraging technology and expertise from Fiserv,...
Mar 01, 2021 06:04 am ET
AIR to Make its Catastrophe Exposure Database Schema Available as an Open Standard
Catastrophe modeling firm AIR Worldwide today announced that it is making its Catastrophe Exposure Data Exchange (CEDETM) database schema available as an open standard in order to facilitate accurate, efficient and transparent data exchange...
Feb 24, 2021 12:00 pm ET
Verisk's Jornaya Launches Consumer Behavior Insider
CONSHOHOCKEN, Pa., Feb 24, 2021 /PRNewswire/ -- Jornaya, a Verisk business, has released a new report providing actionable data about shopping journeys to help marketers find and appropriately engage with consumers. The Consumer Behavior Insider report offers a one-of-a-kind view of major purchase shopping activity identifying shifts and trends in consumer behavior. Jornaya is a leader in behavioral data intelligence with a proprietary view of more than 400 million consumer journeys every month.
Feb 23, 2021 04:10 pm ET
Verisk Reports Fourth-Quarter 2020 Financial Results
Verisk (Nasdaq:VRSK), a leading data analytics provider, today announced results for the fourth quarter and fiscal year ended December 31, 2020. Scott Stephenson, chairman, president, and CEO, said, “Despite the broader economic challenges...
Feb 18, 2021 08:45 am ET
Verisk Announces Leadership Changes to Support Long-Term Growth Strategy
Verisk (NYSE:VRSK), a leading global data analytics provider, today announced leadership changes and expanded responsibilities for members of its executive management team. The changes reinforce Verisk’s commitment to building cohesive leadership...
Feb 17, 2021 10:00 am ET
An Industry First, Canadian Property Insurers Can Unearth Insights from Building Permits with Verisk’s BuildFax
Canadian insurers can now use robust analytics from building permits to refine their underwriting and ensure their customers have the property coverage they need as their lives, homes and businesses evolve. These new analytics come from Verisk...
Feb 16, 2021 01:00 pm ET
Connected Cars Become an Innovative Lead Generation Channel for Usage-Based Insurance Through New Verisk Program
Connected cars are becoming a powerful lead generation channel for usage-based insurance (UBI) with Discount Alert™, a new program from Verisk (Nasdaq:VRSK). Multiple top U.S. auto insurers are already using connected car telemetry from the Verisk...
Feb 09, 2021 09:00 am ET
Universal Property Expands Underwriting and Claims Analytics, Improves Customer Experience with Verisk’s Ecosystem of Insurance Solutions
Universal Property & Casualty Insurance Company, a wholly-owned subsidiary of Universal Insurance Holdings, Inc. (NYSE:UVE), is expanding its property underwriting and claims workflows to support critical touchpoints with customers across the...
Feb 09, 2021 09:00 am ET
Universal Property Expands Underwriting and Claims Analytics, Improves Customer Experience with Verisk’s Ecosystem of Insurance Solutions
Universal Property & Casualty Insurance Company, a wholly-owned subsidiary of Universal Insurance Holdings, Inc. (NYSE: UVE), is expanding its property underwriting and claims workflows to support critical touchpoints with customers across the insurance value chain. The additional solutions are powered by the growing end-to-end ecosystem developed by Verisk (Nasdaq: VRSK), a leading data analytics provider. Verisk’s innovative solutions enable insurers to drive improved business performance and customer experience from quote to claim by leveraging unique data, technology, and expertise.
Feb 08, 2021 10:30 am ET
Property & Casualty Insurers Report 27.5% Drop in Net Income During First Nine Months of 2020
In the first nine months of 2020, the private U.S. property and casualty (P&C) insurance industry dealt with the effects of the COVID-19 pandemic as well an historic catastrophe season, according to a report from Verisk (Nasdaq:VRSK), a leading...
Feb 04, 2021 09:00 am ET
Claims Handling Just Got Easier for Insurers and Consumers with Plnar and Verisk Integration
Plnar, a leading virtual claims platform provider, and Verisk, a leading global provider of predictive analytics and decision-support solutions, today announced a new integration that uses artificial intelligence (AI) and augmented reality to...
Feb 01, 2021 09:00 am ET
Enigma Technologies and Verisk Financial Collaborate to Provide Insights into Small Business Financial Health, Offering Lenders Clarity
NEW YORK, Feb. 1, 2021 /PRNewswire/ -- Enigma Technologies, a data science company that collects and analyzes information on the health and identity of every U.S. business, announces a strategic collaboration with Verisk Financial, a Verisk company relied upon by leading financial institutions, payments providers, and retailers around the globe.
Jan 27, 2021 09:45 am ET
Property Carriers Beat Fraud with New Prior Loss Images in Verisk’s ISO ClaimSearch®
Verisk (Nasdaq:VRSK) announced that ISO ClaimSearch, the world’s largest database of property and casualty insurance (P&C) claims, has enhanced its robust claim intelligence platform by adding prior loss image matching. This automates previously...
Jan 27, 2021 07:45 am ET
Verisk to Announce Fiscal Fourth-Quarter 2020 Results on February 23, 2021
Verisk (Nasdaq:VRSK), a leading global data analytics provider, will report its financial results for the fiscal fourth quarter ended December 31, 2020, on Tuesday, February 23, 2021, after the market close. The press release, with accompanying...
Jan 25, 2021 11:03 am ET
Fire Departments Can Improve Fire Safety with Free Analytics Platform from Verisk
Fire departments across the United States can now access advanced analytic and visualization tools to help improve their local fire protection at no charge. Verisk (Nasdaq:VRSK), a leading data analytics provider, is offering complimentary access...
Jan 19, 2021 06:07 am ET
AIR Worldwide Collaborates with experts at the Brookings Institution and AXIS Capital to Quantify the Impact from Climate Change on Hurricane Risk
Catastrophe modeling firm AIR Worldwide (AIR), in collaboration with experts from the Brookings Institution and AXIS Capital Holdings Limited, released a report which explores how climate change may affect hurricane risk in the United States by...
Jan 14, 2021 11:38 am ET
Buying Process for Usage-Based Auto Insurance Streamlined with New Verisk Delivery Model
Making it easier for U.S. auto insurers to provide usage-based insurance (UBI) to drivers of connected cars is at the heart of a new delivery model from Verisk (Nasdaq: VRSK), a leading data analytics provider. Telematics data from the Verisk Data...
Jan 14, 2021 09:05 am ET
NTT DATA and FAST to Help Life Insurers Scale Innovation, Improve Customer Experience
NTT DATA Services, a digital business and IT services leader, is collaborating with FAST, a Verisk company and leading software provider for the insurance and annuity industry, to deliver their shared vision of digital Third-Party Administration (TPA) and Business Processing as a Service (BPaaS). NTT DATA will leverage FAST’s microservice
Dec 15, 2020 09:15 am ET
Verisk to Acquire Behavioral Data and Intelligence Leader Jornaya
Verisk (Nasdaq:VRSK), a leading data analytics provider, announced today it has entered into an agreement to acquire Jornaya, a leading provider of consumer behavioral data and intelligence. The acquisition will add Jornaya's proprietary view of...
Dec 09, 2020 08:00 am ET
AER Issues Winter Weather Outlook
There’s increased possibility of severe winter weather in the second half of winter, with warming temperatures brought on by climate change potentially disrupting the polar vortex leading to dramatic swings in weather this winter season. These were...
Dec 08, 2020 08:00 am ET
Verisk Cyber Data Exchange Surges Ahead as Nationwide Joins Global Effort
Verisk (Nasdaq:VRSK), a leading data and analytics company, announced today that Nationwide has joined the Verisk Cyber Data Exchange as part of a growing effort across the insurance industry to gain new insights into the rapidly changing world of...
Dec 07, 2020 08:00 am ET
Verisk Honored with Fifth Consecutive Great Place to Work Certification
Verisk (NASDAQ: VRSK), a leading data analytics provider, today announced that for the fifth time in as many years it is once again Great Place to Work-Certified™. The certification honors Verisk for its outstanding workplace culture, which is...
Dec 02, 2020 08:00 am ET
Verisk, BlueVoyant Forge Strategic Partnership to Drive Cyber Risk Insights for Insurance Organizations
Verisk (Nasdaq: VRSK), a leading data and analytics company, and BlueVoyant, a cybersecurity services company, have announced a strategic partnership that will enable Verisk to exclusively offer insights driven by BlueVoyant’s industry-leading...
Dec 01, 2020 08:00 am ET
Verisk Reinforces Its Customer First Approach, Expands Medallia Relationship
As part of its commitment to continuously improve the customer experience, Verisk (Nasdaq:VRSK), a leading global data analytics provider serving the insurance, energy, and financial services markets, today announced an expanded relationship with...
Nov 16, 2020 06:04 am ET
AIR Worldwide Provides Annual Global View of Risk
Catastrophe modeling firm AIR Worldwide (AIR) today released its 2020 Global Modeled Catastrophe Losses report, detailing key loss metrics from AIR’s global industry exceedance probability (EP) curve. Based on the report, AIR estimates that the...
Nov 12, 2020 04:00 am ET
Verisk Maplecroft releases world’s first subnational human rights risk indices
After two years in development, global risk data and forecasting company Verisk Maplecroft has released the world’s only Subnational Human Rights Dataset to enable multinational organizations and financial institutions to undertake risk assessments...
Nov 11, 2020 09:06 am ET
Verisk Announces Plans to Integrate its Life Insurance Solutions with WOMBA’s Electronic Health Record Platform
Verisk (Nasdaq:VRSK), a leading data analytics provider, and WOMBA, nationally recognized as a leader in the medical data aggregation and interoperability sector, announced plans to commence development efforts to use consumer authorized,...
Nov 04, 2020 04:10 pm ET
Verisk Reports Third-Quarter 2020 Financial Results
Verisk (Nasdaq:VRSK), a leading data analytics provider, today announced results for the third quarter ended September 30, 2020. Scott Stephenson, chairman, president, and CEO, said, “I am very pleased with our third quarter results, which...
Nov 02, 2020 07:40 am ET
AIR Worldwide Estimates Insured Losses for Hurricane Zeta Will be Between USD 1.5 Billion to USD 3.5 Billion
Catastrophe risk modeling firm AIR Worldwide estimates that industry insured losses to onshore property resulting from Hurricane Zeta’s winds and storm surge will range from USD 1.5 billion to USD 3.5 billion. AIR Worldwide is a Verisk...
Oct 27, 2020 01:00 pm ET
Property Casualty Insurers Report a 26 Percent Drop in Net Income in First-Half 2020
Net income for the private U.S. property/casualty insurance industry dropped 26% in the first half of 2020, as the effects of COVID-19 began to hurt insurer underwriting results and investment gains, according to Verisk (Nasdaq:VRSK), a leading...
Oct 14, 2020 09:00 am ET
Lincoln Heritage Life Goes Live with FAST’s eApp as First Step of Transformation Program
FAST, a Verisk (Nasdaq:VRSK) business, announced today that Lincoln Heritage Life Insurance Company, a leading provider of whole life insurance, is in production with FAST’s electronic Application (eApp).  The implementation is the first step in a...
Oct 14, 2020 08:05 am ET
AIR Worldwide Estimates Insured Losses for Hurricane Delta Will be Between USD 1 Billion and USD 3 Billion
Catastrophe risk modeling firm AIR Worldwide estimates that industry insured losses to onshore property resulting from Hurricane Delta’s winds and storm surge will range from USD 1 billion to USD 3 billion. AIR Worldwide is a Verisk (Nasdaq:VRSK)...
Oct 13, 2020 09:29 am ET
Ford and Verisk Collaborate to Offer Telematics Data to Insurers
Verisk (Nasdaq:VRSK), a leading data analytics provider, today announced that Ford Motor Company (NYSE:F) has joined the Verisk Data Exchange™. Owners of eligible Ford and Lincoln vehicles will soon have easy access to usage-based insurance...
Oct 07, 2020 04:15 pm ET
Verisk to Announce Fiscal Third-Quarter Results on November 4, 2020
Verisk (Nasdaq:VRSK), a leading data analytics provider, will report its financial results for the fiscal third quarter ended September 30, 2020, on Wednesday, November 4, 2020, after the market close. The press release, with accompanying financial...
Sep 30, 2020 08:00 am ET
Verisk and Duck Creek Announce the Addition of Verisk’s BuildFax Solutions to the Duck Creek Platform
Verisk (Nasdaq:VRSK), a leading data analytics provider, and Duck Creek Technologies, a leading provider of core system solutions for the property/casualty insurance industry, announced today the addition of solutions from BuildFax, a Verisk...
Sep 29, 2020 04:02 pm ET
Verisk Elects General Vincent Brooks to Board of Directors
Verisk (Nasdaq:VRSK), a leading data analytics provider, announces the addition of Gen. Vincent Brooks to its board of directors, effective October 1. Brooks served in the U.S. Army for 42 years from his entry into West Point until his 2019...
Sep 22, 2020 06:11 am ET
AIR Worldwide Releases Updated Multiple Peril Crop Insurance Model for China
Catastrophe risk modeling firm AIR Worldwide (AIR) today announced that it released an updated Multiple Peril Crop Insurance (MPCI) Model for China to support probabilistic assessments for five newly modeled crop lines of business and a newly...
Sep 21, 2020 07:47 am ET
AIR Worldwide Estimates Insured Losses for Hurricane Sally Will be Between USD 1 Billion and USD 3 Billion
Catastrophe risk modeling firm AIR Worldwide estimates that industry insured losses to onshore property resulting from Hurricane Sally’s winds, storm surge, and inland flood will range from USD 1 billion to USD 3 billion, with wind representing the...
Sep 17, 2020 08:00 am ET
Commerce Signals Launches Merchant Tracker—First Market Intelligence Solution to Monitor County-Level Consumer Spending By Merchant
Commerce Signals, a Verisk Financial business and leading source of U.S. consumer spending insights, today announced the availability of the Commerce Signals Merchant Tracker, a ground-breaking solution for businesses to better understand where...
Sep 15, 2020 04:00 am ET
Verisk Unveils New Vai-Powered App to Help Streamline Contents Removal Workflows After a Loss
Verisk (Nasdaq:VRSK), a leading data analytics provider, has released ContentsTrack™, a solution for online and mobile platforms that uses Verisk artificial intelligence and automation (Vai™) to help contents removal specialists quickly identify,...
Sep 11, 2020 09:05 am ET
Verisk Acquires Franco Signor
Verisk (Nasdaq:VRSK), a leading data analytics provider, announced today that it has acquired Franco Signor, a highly-regarded Medicare Secondary Payer (MSP) service provider. Franco Signor will become part of Verisk’s Claims Partners business,...
Sep 03, 2020 10:18 am ET
FAST Recognized Again in Gartner Magic QuadrantTM Analysis
JERSEY FAST, a Verisk business and leading software provider for the insurance and annuity industry, has been acknowledged again in the Gartner Magic QuadrantTM, an analysis used by many companies to help evaluate technology providers....
Aug 31, 2020 06:50 am ET
AIR Worldwide Estimates Insured Losses for Hurricane Laura Will be Between USD 4 Billion and USD 8 Billion
Catastrophe risk modeling firm AIR Worldwide estimates that industry insured losses to onshore property resulting from Hurricane Laura’s winds and storm surge will range from USD 4 billion to USD 8 billion. AIR Worldwide is a Verisk (Nasdaq:VRSK)...
Aug 27, 2020 10:06 am ET
Kansas City Life Insurance Company Selects FAST Software to Replace Legacy Platforms
FAST, a Verisk (Nasdaq:VRSK) business, announced today that Kansas City Life Insurance Company has licensed FAST software to replace its legacy platforms, streamline administration of its existing business, and enable the development of a new...
Aug 25, 2020 01:23 pm ET
Farm Bureau Insurance of Michigan Adopts Verisk’s LOCATION Platform to Deliver Address-Level Fire Protection Data
Verisk (Nasdaq:VRSK), a leading data analytics provider, and Farm Bureau Insurance of Michigan (Farm Bureau Insurance), announced today that Farm Bureau Insurance will adopt Verisk’s LOCATION® platform to maximize its use of Public Protection...
Aug 10, 2020 12:57 pm ET
Updated: Verisk Launches EHR Triage Engine to Help Speed Approval of Life Insurance Applications
Verisk Launches EHR Triage Engine to Help Speed Approval of Life Insurance ApplicationsPowered by Consumer-Authorized Electronic Health Records, Verisk’s Innovative Solution Can Help Streamline Underwriting Decisions JERSEY CITY, N.J., August 10,...
Aug 10, 2020 09:34 am ET
Verisk Launches EHR Triage Engine to Help Speed Approval of Life Insurance Applications
Verisk (Nasdaq:VRSK), a leading data analytics provider, announced today the launch of its new EHR Triage Engine, a tool that uses data from consumer-authorized electronic health records (EHRs) to help life insurers fast-track many applications for...
Aug 06, 2020 09:26 am ET
Update: Verisk Telematics Data Integration with Honda Now Live, Providing New Opportunities for Usage-Based Insurance Innovation
Verisk (Nasdaq:VRSK) announced today that for the first time, U.S. auto insurers can access driving data from consenting owners of connected Honda and Acura vehicles. The data, available exclusively through the Verisk Data Exchange™, can help...
Aug 06, 2020 09:00 am ET
Verisk Telematics Data Integration with Honda Now Live, Providing New Opportunities for Usage-Based Insurance Innovation
Verisk (Nasdaq:VRSK) announced today that for the first time, U.S. auto insurers can access driving data from consenting owners of connected Honda and Acura vehicles. The data, is available exclusively through the Verisk Data Exchange™, can help...
Aug 04, 2020 04:00 pm ET
Verisk Reports Second-Quarter 2020 Financial Results
Verisk (Nasdaq:VRSK), a leading data analytics provider, today announced results for the second quarter ended June 30, 2020. Scott Stephenson, chairman, president, and CEO, said, “Our second quarter results reflect the enduring strength and...
Jul 29, 2020 06:17 am ET
AIR Worldwide Releases Updated Tropical Cyclone and Earthquake Models for the Caribbean
Catastrophe risk modeling firm AIR Worldwide (AIR) announced the release of its updated Tropical Cyclone and Earthquake Models for the Caribbean. These models will provide insurers and reinsurers with a comprehensive view of risk across 29...
Jul 28, 2020 09:25 am ET
Property/Casualty Insurance Industry Suffered Largest-Ever Drop in Surplus in the First Quarter of 2020
The surplus for the private U.S. property/casualty insurance industry dropped by $75.9 billion in the first quarter of 2020—its largest-ever quarterly decline—as the stock market suffered a major downturn, according to Verisk (Nasdaq:VRSK), a...
Jul 27, 2020 12:03 pm ET
Verisk's New ISO ClaimSearch Accelerator Receives Ready for Guidewire Designation
Verisk (Nasdaq:VRSK), a leading data analytics provider, today announced a new ISO ClaimSearch® accelerator for Guidewire ClaimCenter v10. The accelerator enables customers that use ClaimCenter v10 to seamlessly access the real-time claim analysis,...
Jul 27, 2020 06:04 am ET
AIR Worldwide Releases Updated Earthquake Model for Australia
Catastrophe risk modeling firm AIR Worldwide (AIR) announced the release of its updated Earthquake Model for Australia. These updates were prompted by findings in the National Seismic Hazard Model from Geoscience Australia (GA), which challenged...
Jul 22, 2020 06:11 am ET
Verisk Releases Updated Cyber Risk Modeling Platform
Verisk (Nasdaq:VRSK), a leading data analytics provider, today announced the latest release of ARC (Analytics of Risk from Cyber)®, a state-of-the-art cyber risk modeling platform that informs risk selection, portfolio management, and risk...
Jul 20, 2020 06:07 am ET
Verisk Launches Life Risk Navigator Software Platform
Verisk (Nasdaq:VRSK), a leading data analytics provider, today announced the release of Life Risk NavigatorTM, an innovative, cloud-based stochastic risk modeling platform that offers in-depth portfolio analytics which can enhance risk selection,...
Jul 16, 2020 10:04 am ET
ISO Introduces Optional Endorsement for Damage to Underground Utility Lines
ISO, a Verisk (Nasdaq:VRSK) business, has launched a new homeowners endorsement to address damage to underground utility lines, a risk that isn’t always handled by municipalities or covered in standard homeowners insurance policies. The new...
Jul 15, 2020 06:13 am ET
AIR Collaborates with Precisely to Offer Clients Premium International Geocoding in Touchstone 2020
Catastrophe modeling firm AIR Worldwide today announced that as part of its Touchstone® 2020 software release, clients now have the ability to access a premium international address-level geocoding feature from Precisely, the global leader in data...
Jul 14, 2020 06:07 am ET
AIR Worldwide Releases Updated Hurricane and Inland Flood Models for the United States
Catastrophe risk modeling firm AIR Worldwide (AIR) announced today that it has updated its Hurricane and Inland Flood Models for the United States. The update for the hurricane model features a new module for precipitation-induced flood risk, while...
Jul 13, 2020 09:29 am ET
Verisk to Announce Fiscal Second-Quarter 2020 Results on August 4, 2020
Verisk (Nasdaq:VRSK), a leading data analytics provider serving customers in insurance, energy and specialized markets, and financial services, will report its financial results for the fiscal second quarter ended June 30, 2020, on Tuesday, August...
Jul 13, 2020 07:02 am ET
CNA Transitions to AIR Worldwide as its Primary Catastrophe Risk Management Platform
Catastrophe modeling firm AIR Worldwide announced that CNA has transitioned to AIR’s Touchstone solution as its primary catastrophe risk modeling platform. AIR Worldwide is a Verisk (Nasdaq:VRSK) business. “We are excited to leverage AIR’s...
Jul 09, 2020 11:10 am ET
Verisk Launches Program to Help Insurers Serve Micro-Business Market
Verisk (Nasdaq:VRSK), a leading data analytics provider, has launched a new Micro-Businessowners (Micro-BOP) insurance program to help insurers cover the unique risks of small businesses that are often part of the gig economy, run out of a home or...
Jul 09, 2020 09:40 am ET
Nationwide Joins the Verisk Data Exchange™ to Drive Usage-Based Insurance Solutions
COLUMBUS, Ohio and JERSEY CITY, N.J., July 9, 2020 /PRNewswire/ -- Many drivers of connected vehicles now have a simpler, faster way to get insurance and earn discounts. Thanks to a new partnership with Verisk (Nasdaq:VRSK), a leading data analytics provider, Nationwide drivers who opt to share driving data gathered from their eligible connected vehicle, can bypass the monitoring phase of Nationwide's SmartRide® usage-based insurance (UBI) program and learn if they qualify for an instant discount based on their driving habits. Agents are also able to provide an even better quoting experience
Jun 29, 2020 02:31 pm ET
July 4th Holiday Cargo Theft Trends and Security Tips from CargoNet, a Verisk Business
Supply chain professionals are looking forward to a much-deserved extended weekend during the Fourth of July holiday. However, CargoNet®, a Verisk (Nasdaq:VRSK) business, reports that that extended business closures can create an advantageous...
Jun 23, 2020 10:30 am ET
XDimensional Technologies Becomes Member of Verisk Strategic Alliances
BREA, Calif., June 23, 2020 /PRNewswire/ -- XDimensional Technologies announced today that it has become a member of the Verisk Strategic Alliances network. Alliance companies, like XDimensional, use information and products from ISO, a Verisk (Nasdaq:VRSK) business, to build on and enhance their own product offerings.
May 28, 2020 11:07 am ET
Commerce Signals Introduces Covid-19 Consumer Spending Impact Tracker; Provides Deep Insights to Help Retailers and Others Plan for Uncertain Times
Commerce Signals, a Verisk Financial company and leading source of U.S. retail payment insights, today announced the availability of the Covid-19 Consumer Spending Impact Tracker, enabling companies to quickly and easily gain valuable insights into...
May 27, 2020 02:24 pm ET
Verisk Offers Insurers and Lenders Four-Month, Complimentary Access to Coverage Verifier-Verification as a Service During COVID-19 Pandemic
Verisk (Nasdaq:VRSK), a leading data analytics provider, is offering four months of complimentary access during the COVID-19 pandemic to Coverage Verifier-Verification as a Service (CV-VaaS), a new, digital platform that delivers insurance...
May 21, 2020 08:00 am ET
Xactware App Enables Contractors to Create Bids Faster, Potentially Win More Jobs
Xactware’s estimating app, XactRemodel GOTM, is now available to help contractors and remodeling professionals rapidly write bids with their mobile devices and potentially win more jobs. Xactware is a Verisk (Nasdaq:VRSK) business with more than 30...
May 19, 2020 01:36 pm ET
New Verisk Data Exchange™ Integration for Insurance Telematics Now Available on the Geotab Marketplace
Verisk (Nasdaq:VRSK), a leading global insurance data analytics provider, and Geotab, a global leader in IoT and connected transportation, announced today that the Verisk Data Exchange™ Add-In is now available on the Geotab Marketplace. Fleet...
May 12, 2020 09:48 am ET
Texas Department of Insurance to Deploy Verisk’s Mozart Form Composer
Verisk (Nasdaq:VRSK), a leading data analytics provider, announced today that the Texas Department of Insurance (TDI) will be leveraging the machine learning and natural language processing in Verisk’s Mozart Form Composer® to accelerate the...
May 08, 2020 08:08 am ET
Verisk to Hold Virtual Annual Meeting of Shareholders
Verisk (Nasdaq:VRSK), a leading data analytics provider, today announced that its 2020 Annual Meeting of Shareholders will be held as a live audio webcast rather than as an in-person event. Verisk is shifting to a virtual format as a precautionary...
May 07, 2020 11:17 am ET
Property/Casualty Insurers Had Solid Results Last Year, but Face Considerable Challenges in 2020 Due to COVID-19
The private U.S. property/casualty insurance industry had solid results in 2019, with increases in net income, underwriting gains, and policyholders’ surplus, but faces considerable challenges in 2020 as the effects of the COVID-19 pandemic unfold,...
May 05, 2020 04:10 pm ET
Verisk Reports First-Quarter 2020 Financial Results
Verisk (Nasdaq:VRSK), a leading data analytics provider, today announced results for the quarter ended March 31, 2020. Scott Stephenson, chairman, president, and CEO, said, “During these challenging times, we are laser-focused on providing...
Apr 23, 2020 08:00 am ET
Xactware Announces New Vai-Powered Technology for Image Detection to Assist the Contents Packout Industry
Packout professionals can save significant time inventorying contents items with new Verisk VaiTM technology in Xactware’s ContentsTrack® app. Xactware is a Verisk (Nasdaq:VRSK) business with decades of experience providing contents estimating and...
Apr 22, 2020 12:00 pm ET
Pacific Life Licenses FAST Software to Enable Digital Transformation of Its Life Insurance and Retirement Solutions Divisions
FAST, a Verisk (Nasdaq:VRSK) business, announced today that Pacific Life, a leading provider of life insurance, annuities, and mutual funds, has licensed FAST software to serve as a key component in its digital transformation. Pacific Life will use...
Apr 14, 2020 07:00 am ET
Verisk to Announce Fiscal First-Quarter 2020 Results on May 5, 2020
Verisk (Nasdaq:VRSK), a leading data analytics provider, will report its financial results for the fiscal first quarter ended March 31, 2020, on Tuesday, May 5, 2020, after the market close. The press release, with accompanying financial...
Apr 09, 2020 11:30 am ET
Supporting Customers through COVID-19
As the COVID-19 crisis continues to escalate, many insurance companies have substantially scaled back on-site inspections as a way to protect their employees and policyholders. This includes home and business inspections often performed to identify...
Mar 11, 2020 10:00 am ET
Lincoln Heritage Life Insurance Company Licenses FAST Insurance Components to Enable Digital Transformation
FAST, a Verisk (Nasdaq:VRSK) business, announced today that Lincoln Heritage Life Insurance Company, a leading provider of final expense insurance, has selected FAST Insurance Components to help enable its digital transformation, from end-to-end....

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