Loss Cost

4/27/2023 - 2 min read

Can insurers make finding growth opportunities easy? Absolutely

Here's one way to stay ahead of the competition.

1/26/2021 - 10 min read

Modeling Fundamentals: AIR Industry Exposure Databases

Industry exposure databases provide counts of all insurable properties and their replacement values, and serve as the foundation for all modeled industry loss estimates

12/3/2020 - 3 min read

Why we’re building the future of actuarial analysis in the cloud

Learn how the migration of ISO ratemaking systems to the cloud will deliver added value for Verisk customers.

11/6/2020 - 1 min read

November 2020 preview: Historical catastrophe activity

The last ten Novembers saw a total of 17 PCS catastrophe designations, which consisted of ten wind and thunderstorm events, three wildland fires, three winter storms, and one earthquake.

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11/2/2020 - 4 min read

Why improving subrogation may be more valuable than adding a policyholder

Investing in subrogation operations can yield a better ROI than acquiring a new policyholder.

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10/23/2020 - 3 min read

Maximizing recovers boost customer satisfaction better subrogation

An effective subrogation operation is built on data and analysis.

10/21/2020 - 4 min read

The not-so-secret sauce of ISO Loss Costs

Learn the methods and techniques Verisk uses to make ISO Loss Costs more valuable to insurers.

10/20/2020 - 17 min read

Next Generation Modeling: Loss Accumulation

With newly available claims data and computational techniques, AIR has calibrated the financial engine of our catastrophe models to accurately represent loss accumulation

10/12/2020 - 5 min read

Automation requires emotional intelligence to deal with large loss claims handling

Large loss claims can be streamlined by AI and automation, but needs the emotional intelligence brought to claims resolution by the handler and the insurer.

10/7/2020 - 2 min read

October 2020 preview: Historical catastrophe activity

In the last ten years, there’s been 32 PCS catastrophe events in October, including 20 wind and thunderstorm events, four hurricanes, five wildland fires, two tropical storms, and one winter storm.

9/10/2020 - 4 min read

The future of claims: Delivering at the moment of truth

The future of claims is about elevating the customer experience, and insurers that aggressively pursue digital enablement today will be primed to excel tomorrow.

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9/7/2020 - 1 min read

September 2020 preview: Historical catastrophe activity

The NOAA Climate Prediction Center has raised the likelihood of an above-normal 2020 hurricane season to an 85 percent chance.

8/17/2020 - 4 min read

5 claims lessons from the COVID-19 pandemic

Today, we can examine insurance trends that are likely to continue post-COVID-19. Here are some key takeaways for insurers as a new chapter unfolds across the industry.

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8/7/2020 - 2 min read

2020 August preview: Historical catastrophe activity

The 2020 Atlantic hurricane season is still expected to be a busy one, despite a brief lull in activity after a fast start in May and June. Although the hurricane season officially started on June 1, the formation of tropical cyclones is possible at any time, as shown by the formations of tropical storms Arthur and Bertha on May 16 and 27 respectively.

7/8/2020 - 1 min read

July 2020 preview: Historical catastrophe activity

Last year tied for the second most active July in PCS® history, with seven designated catastrophes, including five wind and thunderstorm events, an earthquake, and a hurricane.