Brand Spotlight
Verisk
Stay ahead of volatile replacement costs to support insurance-to-value
Historic and unpredictable inflation—which hit 9.1 percent in July 2022—makes it particularly challenging for property insurers to maintain insurance-to-value (ITV)[1]. Underwriters rely on ...A data-driven view of evolving Florida roof risk
Florida's changing statutory environment surrounding insurance coverage for roofs may demand more robust data to clarify the risk amid increasing complexity. Bills SB 2D1 and SB 4D2, signed by ...Slower rise in reconstruction costs brings scant relief from record highs
Reconstruction costs, including materials and retail labor, slowed their rate of increase entering the second half of the year as lumber prices fell from peak levels reached during the pandemic, but ...New Case Studies: Regional Auto Insurers Compete on a Larger Stage
Regional insurers—including those that are new to the market or early in their growth journey—need to create connected experiences to meet the needs of modern insurance buyers. New case studies ...Four advantages AI brings to small commercial underwriting
Artificial intelligence (AI) and machine learning (ML) are much in the news these days. But to paraphrase the late computer scientist Edsger Dijkstra, saying a machine is "intelligent" or "learning," ...Not a Monster: How Insurers Can Accelerate Their Digital Transformations, One Step at a Time
With automation and analytics advancing at a rapid pace, many insurers are looking to transform the experience of buying commercial coverage, from time-consuming and challenging to fast and easy. But ...Master the challenges of roof risk
Roof data may be incomplete for some homeowners insurers, leaving them with blind spots or disconnected information about specific risk factors. Verisk estimates that 2021 U.S. roof claims surpassed ...Evolving exposure: Lessons from the 2021 wildfire season
Fires jumping the Sierra Nevada mountains for the first time on record. Towering fire tornadoes. Hazy, ashen smog traveling thousands of miles to blanket the East Coast. Wildfires encroaching on ...Navigating a hard market in personal auto
After a whirl of shifting trends throughout the pandemic, personal auto insurers are seeing forces converge toward a hard market in 2022. The turbulence has been deep and widespread: