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Insurance

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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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Press release

2/3/2025 - 4 min read

Hover Expands Offerings within Verisk's Xactimate to Advance Property Claims Efficiency

Hover, a leader in 3D property data, today announced an expanded collaboration with Verisk and its industry-leading Xactimate® platform for property claims management.

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Press release

2/3/2025 - 3 min read

EagleView and Verisk Join Forces to Streamline Property Insurance Claims

EagleView, a leading provider of aerial imagery and insights, and Verisk announced the formal integration of EagleView Assess™ into Verisk’s industry-leading Xactimate® and XactAnalysis® platforms.

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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

1/23/2025 - 2 min read

To Combat Mounting Cargo Theft, Verisk Launches CargoNet RouteScore API

Verisk has launched CargoNet^® RouteScore API, a solution aimed at significantly minimizing the risk of cargo theft.

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Press release

1/22/2025 - 3 min read

Verisk Estimates Industry Insured Losses for the Palisades and Eaton Fires

Estimates that insured industry losses to property for the Palisades and Eaton fires together will fall between USD 28 billion and USD 35 billion

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News brief

1/21/2025 - 2 min read

Cargo Theft Surges to Record Levels in 2024, Verisk CargoNet Analysis Reveals

Verisk CargoNet reports record-breaking cargo theft activity across the United States and Canada reached unprecedented levels in 2024.

Dr Sebastian H Fner Bei Der Verisk Fachtagung Asssecuranz Im September 2024

News brief

1/21/2025 - 3 min read

Wechsel in der Geschäftsführung der Krug Sachverständigen-GmbH

Verisk gibt bekannt, dass Dr. Sebastian Höfner mit Wirkung zum 1. Januar die Geschäftsführung der Krug Sachverständigen-GmbH, dem deutschen Kfz-Schaden-Spezialisten des Unternehmens, übernimmt.

Dr Sebastian H Fner Bei Der Verisk Fachtagung Asssecuranz Im September 2024

News brief

1/21/2025 - 2 min read

Change in management at Krug Sachverständigen-GmbH

Dr. Sebastian Höfner has been elevated to the position of CEO of Krug Sachverständigen-GmbH, the company’s German motor claims specialists effective January 1.

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Press release

1/2/2025 - 3 min read

Verisk Wildfire Model is the First Catastrophe Model Under Review for Insurance Ratemaking in the State of California

Verisk announced that it is the first modeler to request a review of its wildfire catastrophe model by the California Department of Insurance (CDI).

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News brief

12/19/2024 - 2 min read

Cargo Theft Surges to Record Levels as Holiday Season Approaches, Verisk CargoNet Analysis Shows

CargoNet shares an analysis of holiday-period theft data from the past five years.

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Press release

11/21/2024 - 2 min read

Aviva and Verisk Announce Strategic Integration to Boost Property Claims Efficiency in Canada

Aviva will leverage Verisk's cutting-edge property estimation technology and insights for its claims handling solutions, enhancing accuracy and efficiency in processing for its partners and customers.

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Press release

11/21/2024 - 3 min read

Aviva et Verisk annoncent une intégration stratégique pour améliorer l’efficacité des réclamations relatives aux propriétés au Canada

La gamme de produits Xactware de Verisk comme Xactimate, XactAnalysis et XactXpert est conçue pour aider les assureurs à réduire les temps de cycle des réclamations et à améliorer l’expérience des titulaires de police.

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News brief

11/20/2024 - 2 min read

CargoNet Issues Alert: Cargo Theft Risks Spike During Thanksgiving Holiday

CargoNet warns of increased cargo theft risks during the Thanksgiving holiday period.

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Press release

11/20/2024 - 4 min read

Lockton Re Selects Verisk U.S. Agricultural Risk Models to Develop New (Re)Insurance Solutions

Lockton Re will use Verisk’s agricultural risk modeling solutions – including Verisk's Multiple Peril Crop Insurance (MPCI) and Crop Hail Model for the U.S.

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