Latest Verisk Analytics Headlines
All the headlines from our Verisk Analytics Topic Page, ordered by recency.
Verisk Climate, HSB Launch Service to Assess Electrical Blackout Risk
Oct 24 2013 // Verisk Climate and The Hartford Steam Boiler Inspection and Insurance Co. (HSB) have introduced new technology and consulting services that help insurers and businesses predict the likelihood, severity, and financial...
Will Wind/Hail Cosmetic Damage Exclusion Endorsements Become the Norm?
Mar 7 2013 // Cosmetic damage from wind and hail to homeowner and commercial properties may no longer be covered if insurers opt to use new endorsements, one for homeowners and another for commercial roofs, that are becoming...
ISO Revises ‘Bring Your Own Alcohol’ Establishment Exclusion
Feb 27 2013 // ISO has enhanced its commercial general liability (CGL) insurance program to address exposures for establishments that allow their patrons to bring and consume alcoholic beverages on their premises (commonly referred to as...
Demand Surge Not An Issue For Sandy; Property Losses Near $19B
Jan 28 2013 // Although demand surge was an issue for the property/casualty industry following a trio of hurricanes in 2005, for Superstorm Sandy the demand-surge impact is minimal so far, an expert said recently. There has only been a...
Verisk Insurance Solutions Enhances Foreclosure Alert Product
Oct 24 2012 // Verisk Insurance Solutions – Underwriting, a unit of Verisk Analytics has added an enhancement to its Foreclosure Alert that identifies if a property has previously been in foreclosure at the point of sale....
ISO Enhances Wind Rating Program for Underwriting, Pricing Wind Exposure
Oct 1 2012 // ISO has launched its Enhanced Wind Rating Program, a commercial property rating program designed specifically to address the wind peril. ISO is a member of the Verisk Insurance Solutions group at Verisk Analytics. The...
Verisk Crime Analytics Launches Cargo Theft Prevention Systems in Canada
Sep 13 2012 // Verisk Crime Analytics has launched national information sharing systems designed to help Canadian insurers and their policyholders combat the growing problems of cargo and heavy equipment theft. Verisk Crime Analytics is...
Kentucky’s April Hail Storm Cost Insurers $175 Million: Verisk
Jun 18 2012 // A major hail storm in April in Kentucky is estimated to have caused $175 million in insured losses and damages when balls of ice as large as baseballs battered cars and homes and knocked out power to thousands. The PSC...
Business Moves
Feb 6 2012 // The Navigators Group Rye Brook, N.Y.-based specialty insurer The Navigators Group said its principal underwriting agency subsidiary, Navigators Management Company, expanded its Navigators Re division by launching a...
New York’s Suffolk County Had Biggest Insured Property Loss From Irene
Oct 17 2011 // New York State’s Suffolk County suffered the highest insured property loss among the 191 counties affected by Hurricane Irene, according to the latest estimate. New Jersey, New York and North Carolina were the top...
Berkshire Reveals Stakes in Dollar General, Verisk
Aug 17 2011 // Warren Buffett’s Omaha, Neb.-based company, Berkshire Hathaway, revealed new investments in retailer Dollar General and insurance data specialist Verisk Analytics along with several other adjustments in its $52.4...
Verisk Buys Health Data Firm for $60M
Jun 15 2011 // New Jersey-based insurance data specialist Verisk Analytics Inc. is acquiring Health Risk Partners for $60 million in cash. Verisk said $13 million of the purchase price will be placed in escrow and should be paid in 2012....
Verisk Catastrophe Index Now Covers U.S. Earthquake Risk
May 17 2011 // The Verisk Catastrophe Index has been expanded beyond the hurricane peril to also cover U.S. earthquake risk, including fire following earthquake. The index provides industry-wide insured property loss estimates by county...
Verisk Appoints Stephenson As President, Promotes Others
Feb 25 2011 // Verisk Analytics has appoointed Scott G. Stephenson, chief operating officer, to the additional role of president. The company also announced the promotion of Mark V. Anquillare, chief financial officer, to executive vice...
People
Oct 19 2009 // The Independent Insurance Agents and Brokers of New Jersey (IIABNJ) has elected new leadership. Terry M. Ryan of Hanson & Ryan in Totowa will serve as the new chairman of the association. Ronald Gansfuss of Gansfuss...
Business Moves
Oct 19 2009 // Norfolk & Dedham, Rockingham Two East Coast-based mutual insurance companies have formed a mutual alliance that they say allows them to achieve efficiencies, diversification and spread of risk without actually merging...
Successful IPO by Insurance Firm Verisk Analytics Stirs Hopes for More
Oct 8 2009 // Verisk Analytics Inc., an insurance services firm that owns ISO and is partly owned by Warren Buffett’s Berkshire Hathaway, soared in its first day of trading Wednesday, and stirred hopes that the appetite for such...
ISO Parent Verisk Analytics Raises $1.88 Billion in IPO
Oct 7 2009 // Insurance risk specialist Verisk Analytics Inc. raised $1.88 billion Tuesday in the biggest IPO by a U.S. company since March 2008 after pricing its shares at a higher-than-expected $22 each. The sale of the shares, which...
