News & Videos - VERISK ANALYTICS INC.

JERSEY CITY, N.J., April 10, 2024 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, will report its financial results for the fiscal first quarter ended on Sunday, March 31, 2024, on Wednesday, May 1, 2024, before the market open. The press release, with accompanying financial information, will be posted on the Verisk investor website at https://investor.verisk.com . Verisk’s management team will host a live audio webcast to discuss the...

JERSEY CITY, N.J., April 08, 2024 (GLOBE NEWSWIRE) -- Verisk, (Nasdaq: VRSK), a leading global data analytics and technology provider, has announced a monumental leap forward in global catastrophe modeling and risk analysis with the launch of Verisk's Next Generation Models (NGM). This suite of 100+ models will be implemented by insurers and reinsurers to evaluate risk across the globe with a new financial modeling framework designed to reflect anticipated insured losses from extreme events more...

JERSEY CITY, N.J., April 01, 2024 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, today announced that Greg Hendrick has been appointed independent director of the company’s Board of Directors effective immediately. Hendrick brings more than three decades of extensive insurance and reinsurance leadership experience. “We’re thrilled to welcome Greg to the Board,” Verisk president and CEO Lee Shavel said. “Greg’s deep understanding of...

JERSEY CITY, N.J., March 20, 2024 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, has announced a strategic integration with Seek Now , a leading claims inspection service provider and business intelligence solution in the residential and commercial property insurance space. This integration expands Verisk’s open ecosystem, offering claims adjusters increased flexibility and streamlining the damage assessment process. Seek Now’s technology...

JERSEY CITY, N.J., March 11, 2024 (GLOBE NEWSWIRE) -- Verisk, (Nasdaq: VRSK), a leading global data analytics and technology provider, has announced the launch of two new accelerators, wcPrism ® and wcNavigator ® , designed to streamline and enhance workers' compensation claims processing within Guidewire ClaimCenter. These innovative solutions aim to accelerate claims processes in the insurance industry by leveraging advanced analytics and automation to improve efficiency and accuracy in...

JERSEY CITY, N.J., March 04, 2024 (GLOBE NEWSWIRE) -- Verisk (Nasdaq:VRSK), a leading global data analytics and technology provider, today announced two new collaborations with insurance technology companies designed to bolster fraud detection and analysis in the insurance claims process. FRISS and Globlue Technologies will join the Verisk Claims Solutions ecosystem by integrating with Verisk's ClaimSearch ® platform , which includes the world's largest property and casualty (P&C) claims...

Consolidated revenues were $677.2 million, up 7.4% and up 6.0% on an organic constant currency (OCC) basis for the fourth quarter of 2023. Prior year results included storm-related revenue associated with Hurricane Ian, which negatively impacted OCC growth by 90 basis points. For the full year 2023, consolidated revenues were $2,681.4 million, up 7.4% and up 8.7% on an OCC basis. Income from continuing operations was $182.3 million, down 15.5% for the fourth quarter of 2023. Adjusted EBITDA, a...

JERSEY CITY, N.J., Feb. 13, 2024 (GLOBE NEWSWIRE) -- For the eighth consecutive year, leading global data analytics and technology provider Verisk (Nasdaq: VRSK) is Certified™ in the United States by Great Place to Work. The prestigious award is based entirely on what current employees say about their experience working at Verisk. Verisk’s certification is driven by an employee engagement survey which measured the extent to which employees across the organization reported a consistently...

JERSEY CITY, N.J., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Verisk, (Nasdaq: VRSK), a leading global data analytics and technology provider, has announced the launch of an automated generative artificial intelligence (generative AI) record summary capability in Discovery Navigator , one of the leading medical record review platforms for property and casualty claims professionals. The Discovery Navigator platform has already proven to be up to 90% faster than manual record review with up to 95% accuracy...

JERSEY CITY, N.J., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, will report its financial results for the fiscal fourth quarter ended on Sunday, December 31, 2023, on Wednesday, February 21, 2024, before the market open. The press release, with accompanying financial information, will be posted on the Verisk investor website at http://investor.verisk.com . Verisk’s management team will host a live audio webcast to discuss the...

JERSEY CITY, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Verisk, (Nasdaq: VRSK), a leading global data analytics and technology provider, announced MSP Navigator is the latest Verisk product to be made available on Duck Creek’s Content Exchange . MSP Navigator provides casualty insurers with an efficient solution for Section 111 reporting, and they can benefit from the advanced automated reporting and analytical capabilities of the platform, facilitating compliance and avoiding civil monetary penalties....

JERSEY CITY, N.J., Jan. 16, 2024 (GLOBE NEWSWIRE) -- To address the ever-evolving needs of claims organizations and to continue delivering cutting-edge solutions and value, Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, has formed the Verisk Claims Advisory Board. Comprised of a group of former chief claims officers across the insurance industry, the Board will advise Verisk’s Claims Solutions on its innovation roadmap to ensure the company is enriching the...

JERSEY CITY, N.J., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, has published its first formal report prepared in accordance with the framework recommended by the Task Force on Climate-related Financial Disclosures (TCFD). While the company regularly discloses information on its climate strategy, the report incorporates analyses of physical risk, transition risk and carbon pricing for the first time. “As a strategic partner...

JERSEY CITY, N.J., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, today announced that Doug Caccese and Saurabh Khemka will serve as co-presidents of Verisk Underwriting Solutions as Neil Spector moves into a strategic advisor role, effective January 16. “Doug and Saurabh reflect the deeply experienced, talented and diverse leadership team at Verisk,” said Lee Shavel, president and CEO, Verisk. “They have helped shape...

BOSTON, Jan. 08, 2024 (GLOBE NEWSWIRE) -- The Extreme Event Solutions business unit of Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates that insured losses to properties from the January 1 M7.5 (per the United States Geological Survey) earthquake that struck near the Noto peninsula in Ishikawa prefecture, Japan, will be between JPY 260 billion (USD 1.8 billion) and JPY 480 billion (USD 3.3 billion). Event Summary Per the United States Geological Survey...

JERSEY CITY, N.J., Jan. 08, 2024 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, today announced that the California Department of Insurance (CDI) has approved its ISO wildfire mitigation filings for homeowners, dwelling, commercial property, commercial inland marine and businessowners programs. This critical filing enables insurers to incorporate and reflect specific wildfire mitigation discounts in their rating plans, as mandated by a CDI...

JERSEY CITY, N.J., Dec. 19, 2023 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, has ranked fourth out of the 100 Best ESG Companies in 2023 by Investor’s Business Daily . The fifth annual list recognizes companies with superior environmental, social and governance (ESG) ratings as well as fundamental and technical stock performance. “This honor further fuels the work of Verisk colleagues globally to advance ESG efforts, from helping...

JERSEY CITY, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Verisk, (Nasdaq: VRSK), a leading global data analytics and technology provider, has announced the integration of its LightSpeed ® Small Commercial solution onto Guidewire Marketplace . This integration can help small business insurers automate underwriting workflows and bind new business in seconds. LightSpeed Small Commercial quickly provides insurers with reliable exposure data including the minimum core attributes needed in an automated process...

JERSEY CITY, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Insurers now have a proven method to help assess their pricing models for unfair discrimination against certain protected classes, like race. Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, today announced the launch of FairCheck, a solution designed to help insurers test their personal lines models and variables to respond to regulatory changes. FairCheck comprises a customizable, scalable methodology and...

JERSEY CITY, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, has expanded its collaboration with the National Fire Protection Association ® (NFPA ® ) to provide wildfire risk and mitigation data from its Firewise USA ® recognition program to 12 additional states in the western U.S. Verisk first collaborated with NFPA in 2020 and has continued to foster that relationship over the years. In 2021, Verisk began leveraging data from...