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Underwriting

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Press release

3/20/2025 - 6 min read

U.S. Insurance Industry Shows Signs of Resilience Despite Continued Headwinds in 2024

Verisk and APCIA today reported full-year 2024 net income for the insurance industry, which is estimated to be $170 billion. Adjusting for over $70 billion in capital gains realized by one insurer, full-year 2024 net income is estimated to be $100 billion.

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News brief

1/23/2025 - 3 min read

Residential and Commercial Reconstruction Costs Rose Over 60% the Past 10 Years

Verisk released a report highlighting reconstruction cost trends at the national and state level. This analysis (October 2014 to October 2024) revealed that residential and commercial reconstruction costs rose over 60% throughout the past 10 years.

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Press release

11/19/2024 - 2 min read

Verisk Offers Insurers Address-Level Insights to Better Assess Fire Protection Capabilities

Verisk introduced LOCATION^® Property Protection Score™ (PPS), which provides insurers with a score that represents fire protection capabilities at the address level.

Final Stat Service

Press release

10/22/2024 - 2 min read

Verisk Debuts New Statistical Reporting Technology on Guidewire Marketplace

Verisk announced its latest advancement in statistical reporting technology with the launch of its Statistical Services accelerator integration with Guidewire.

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Press release

10/4/2024 - 3 min read

Verisk Announces U.S. Expansion of Industry-Leading (Re)Insurance Platform Whitespace

Verisk has announced the U.S. launch of Whitespace, an all-in-one intuitive platform which enables brokers, underwriters and managing general agents (MGAs) to offer, negotiate and place business in the global (re)insurance market.

Iso Experience

Press release

7/9/2024 - 3 min read

Verisk Launches First-of-its-Kind Insurance Index to Better Inform Pricing Decisions

Verisk's new ISO Experience Index is an innovative tool designed to modernize how actuaries in the insurance industry analyze risk patterns.

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Press release

6/4/2024 - 2 min read

ChainThat’s BPA Platform Integrates with Verisk’s ISO Rating-as-a-Service (RaaS) Solution

This integration makes Verisk’s latest ISO commercial lines rating information available within ChainThat’s platform, addressing the industry’s challenge of staying current with frequently changing market realities and emerging risks.

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Press release

6/4/2024 - 3 min read

Earnix Announces Integration with Verisk ERC Solution to Boost Efficiency in Commercial Insurance Pricing

These fully integrated solutions provide ultra-fast ROI and are designed to transform how global insurers and banks are run by unlocking value across all facets of the business.

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Press release

5/30/2024 - 5 min read

U.S. Property and Casualty Insurers: Industry Loss Estimates Reveal Continued Challenges

According to key financial indicators for private U.S. property/casualty insurers, 2023 followed similar trends in underwriting losses to those seen in a difficult 2022.

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Press release

3/5/2024 - 2 min read

Hastings Strengthens Household Underwriting Capabilities with Verisk’s UKBuildings, Robust Building and Property Data

Hastings Direct, the technology driven UK insurance provider, is enhancing its household underwriting service capabilities through licensing Verisk’s UKBuildings.

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Press release

1/9/2024 - 2 min read

Verisk Names Doug Caccese and Saurabh Khemka Co-Presidents of Underwriting Solutions

Doug and Saurabh reflect the deeply experienced, talented and diverse leadership team at Verisk,” said Lee Shavel, president and CEO, Verisk

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Press release

1/8/2024 - 2 min read

California Department of Insurance Approves Verisk's ISO Wildfire Mitigation Filings for Homeowners, Dwelling, Commercial Property, Commercial Inland Marine and Businessowners Programs

Verisk has announced that the California Department of Insurance (CDI) has approved its ISO wildfire mitigation filings.

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Press release

11/29/2023 - 2 min read

Verisk LightSpeed® Small Commercial Accelerator Added to Guidewire Marketplace

This integration can help small business insurers automate underwriting workflows and bind new business in seconds.

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Press release

11/15/2023 - 3 min read

Verisk Launches Solution for Insurers to Assess Underwriting Models and Variables for Unfair Discrimination

Customizable solution helps insurers address potential regulatory testing requirements

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Press release

11/13/2023 - 3 min read

Verisk Expands Collaboration with NFPA to Provide Risk Mitigation Insights Across Western States

Verisk has expanded its collaboration with the NFPA® to provide wildfire risk and mitigation data from its Firewise USA® recognition program

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