Welcome to our dedicated page for Verisk Analytics news (Ticker: VRSK), a resource for investors and traders seeking the latest updates and insights on Verisk Analytics stock.
Verisk Analytics, Inc. (Nasdaq: VRSK) is frequently featured in news coverage as a strategic data analytics and technology partner to the global insurance industry. Company announcements often highlight new products, collaborations, and financial results that affect underwriting, claims, and risk management across the insurance ecosystem. Verisk’s news releases consistently describe how its data analytics, software, and scientific research support insurers in improving operating efficiency, underwriting and claims outcomes, fraud detection, and decision-making on global risks such as climate change, extreme events, sustainability, and political issues.
News about Verisk commonly includes product launches and enhancements, such as the introduction of Verisk Commercial Rebuild in the U.K. to help assess rebuild values for small- to mid-market commercial properties, and the launch of an ISO Pet Insurance Line of Business program in the U.S. that provides policy forms, rating rules, and loss costs for pet health insurance. These stories illustrate how Verisk develops tools for specific lines of business and geographies within the insurance sector.
Another major category of coverage involves strategic collaborations and partnerships. Recent examples include expanded collaboration with KYND to integrate cyber risk intelligence into Verisk’s Rulebook platform, a collaboration with Carpe Data to bring injury claim insights into the Verisk ClaimSearch fraud detection platform, and a partnership with Jopari Solutions to embed Verisk’s AI-powered medical record review capabilities into electronic medical billing workflows. Such news items show how Verisk works with other organizations to embed its analytics into existing insurance workflows.
Verisk news also features catastrophe and extreme event analysis, such as reports from its Extreme Event Solutions group estimating insured losses from major hurricanes and explaining the drivers of damage. In addition, the company regularly issues financial results and capital markets updates, including quarterly earnings, credit agreements, and debt offerings or redemptions related to acquisitions. Investors and industry professionals who follow VRSK news can expect a mix of product developments, partnerships, catastrophe analyses, and financial disclosures that reflect Verisk’s role in the global insurance industry.
Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, has scheduled its fiscal second-quarter 2025 financial results announcement for July 30, 2025, before market open.
The company will host a live audio webcast at 8:30 a.m. ET on the same day to discuss financial results and business highlights. Investors can access the webcast through Verisk's investor website or via dial-in numbers for U.S./Canada (1-800-715-9871) and international participants (1-646-307-1963). A replay will be available for 30 days on the investor website and through the conference call number.
Verisk (VRSK) has announced the election of two new members to its Board of Directors: Christopher J. Perry, president of Broadridge Financial Solutions (BR), and Sabra R. Purtill, an advisor at American International Group (AIG). Both appointments are effective immediately. Bruce Hansen, Verisk's Board Chair, welcomed the new directors, highlighting their extensive experience as exceptional assets to the board. CEO Lee M. Shavel emphasized their unique perspectives and leadership experiences as valuable additions to support Verisk's goal of becoming the leading strategic data, analytics, and technology partner in the global insurance industry.
Verisk has launched the industry's first catastrophe model to assess financial impacts of strikes, riots and civil commotion (SRCC) in the United States. This groundbreaking development comes as SRCC events have caused over $10 billion in global insured losses since 2010, significantly outpacing terrorism-related losses of less than $1 billion.
The model features a 500,000-year stochastic catalog covering every U.S. ZIP Code, evaluating risk factors including social, economic, and political trends. Key highlights include:
- A 1-in-1000-year SRCC event could cause losses 10x greater than 2020 protests
- U.S. has experienced approximately $3 billion in SRCC insured losses
- Five events in past six years each caused over $1 billion in global insured losses
Available through Verisk's Touchstone platform, the model helps insurers estimate losses, create underwriting guidelines, assess tail risk, and meet regulatory requirements.
Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, has scheduled its fiscal first-quarter 2025 earnings release for May 7, 2025, before market open. The company will report financial results for the quarter ended March 31, 2025.
The management team will host a live audio webcast at 8:30 a.m. ET on the same day to discuss financial results and business highlights. The event will be accessible via webcast on Verisk's investor website and through dial-in numbers for both U.S./Canada (1-800-715-9871) and international participants (1-646-307-1963). A 30-day replay will be available on the investor website and via phone using Conference ID #8064444.
Verisk (VRSK) has released its U.S. Roofing Realities Trend Report, revealing that roof claims costs reached $31 billion in 2024, a 30% increase since 2022. The report highlights that roof-related items constituted over 25% of all residential claim value, with wind and hail being the primary drivers.
Key findings include:
- Non-catastrophic wind/hail roof claims increased from 17% to 25% since 2022
- 38% of U.S. residential homes have moderate to poor condition roofs
- Roofs with moderate to poor conditions show 60% higher loss costs
- 80% of U.S. roofs use asphalt shingles
- 29% of homes with asphalt shingles have less than 4 years of remaining roof life
The report emphasizes regional variations in roof conditions, with western states showing better conditions than eastern states. In hail-prone states, average roof lifespan is 15 years, compared to 22 years in western states with milder weather.
Verisk (VRSK) has nominated two new directors to its Board: Christopher J. Perry, president of Broadridge Financial Solutions, and Sabra R. Purtill, an advisor at American International Group. The nominees will stand for election at Verisk's Annual Meeting on May 20, 2025, following the retirement of Vincent Brooks and Wendy Lane from the Board.
Perry and Purtill bring extensive experience in insurance, financial, and information services industries. Bruce Hansen, Verisk's Board Chair, emphasized their deep operating expertise and insights into global industries, while CEO Lee M. Shavel highlighted their potential contributions to executing the company's strategy for the insurance ecosystem and growth trajectory.
Verisk (VRSK) and APCIA reported that the U.S. insurance industry achieved a net income of $170 billion in 2024, with $70 billion attributed to capital gains from one insurer. The industry recorded its first underwriting gain in four years at $24.8 billion, a significant improvement from the $21.8 billion loss in 2023.
Key financial metrics include:
- Written premiums increased to $926 billion (from $851 billion in 2023)
- Combined ratio improved to 96.4% (from 101.6% in 2023)
- Policyholders' surplus grew to $1,082 billion
Despite improvements in personal auto and premium adjustments, the industry faced significant challenges from natural catastrophes, particularly Hurricane Milton, which caused fourth-quarter catastrophe claims to surge 113% year-over-year. The second half of 2024 showed stronger performance with a $21.0 billion net underwriting gain, despite impacts from Hurricanes Helene and Milton.