Verisk Archives | Be Korea-savvy
Verisk Estimates Insured Losses for Hurricane Melissa Will Range Between USD 2.2 Billion to USD 4.2 Billion

Verisk Estimates Insured Losses for Hurricane Melissa Will Range Between USD 2.2 Billion to USD 4.2 Billion

Sets record as most intense hurricane to make landfall in Jamaica and tied for the most intense hurricane landfall globally since recordkeeping began in 1851 BOSTON, Nov. 03, 2025 (Korea Bizwire) – The Extreme Event Solutions group at Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates industry insured losses to onshore [...]

Verisk Names Saurabh Khemka President of Underwriting Solutions

Verisk Names Saurabh Khemka President of Underwriting Solutions

Doug Caccese steps into strategic advisor role before leaving Verisk in January 2026 JERSEY CITY, N.J., Sept. 30, 2025 (Korea Bizwire) – Verisk (Nasdaq: VRSK), a leading strategic data analytics and technology partner to the global insurance industry, today announced that Saurabh Khemka has been named president of Underwriting Solutions, effective immediately. “Saurabh has been [...]

Verisk Signs Definitive Agreement to Acquire AccuLynx

Verisk Signs Definitive Agreement to Acquire AccuLynx

Acquisition to expand, enhance and strengthen network capabilities across the insurance claims and restoration ecosystem Jersey City, N.J., July 30, 2025 (Korea Bizwire) — Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider to the global insurance industry, has entered into a definitive agreement to acquire AccuLynx for $2.35 billion in cash to [...]

Verisk Welcomes Christopher Perry and Sabra Purtill to its Board of Directors

Verisk Welcomes Christopher Perry and Sabra Purtill to its Board of Directors

Jersey City, N.J., May 20, 2025 (Korea Bizwire) – Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, today announced that Christopher J. Perry and Sabra R. Purtill have been elected to the company’s Board of Directors, effective immediately. Perry is president of Broadridge Financial Solutions, Inc. (NYSE: BR). Purtill is an experienced executive of [...]

Verisk Nominates Christopher Perry and Sabra Purtill to the Company’s Board of Directors

Verisk Nominates Christopher Perry and Sabra Purtill to the Company’s Board of Directors

Vincent Brooks and Wendy Lane set to retire from the Board of Directors Jersey City, N.J., March 21, 2025 (Korea Bizwire) – Verisk, a leading global data analytics and technology provider, today announced that its Board of Directors has nominated to stand for election as directors Christopher J. Perry and Sabra R. Purtill. Perry is [...]

Verisk Estimates Industry Insured Losses for the Palisades and Eaton Fires Will Fall Between USD 28 Billion and USD 35 Billion

Verisk Estimates Industry Insured Losses for the Palisades and Eaton Fires Will Fall Between USD 28 Billion and USD 35 Billion

This estimate includes losses due to fire and is inclusive of losses to the California Fair Plan BOSTON, Jan. 22, 2025 (Korea Bizwire) – The Extreme Event Solutions group at Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates that insured industry losses to property for the Palisades and Eaton fires together [...]

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

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

Newly-Announced Regulation from the California Department of Insurance Will Address Property Insurance Availability by Allowing Forward-Looking Catastrophe Models Jersey City, Jan. 2 (Korea Bizwire) — In a groundbreaking step toward a more resilient and sustainable property insurance market in California, Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, announced today that it [...]

Verisk Estimates Industry Insured Losses for Hurricane Milton Will Range Between USD 30 Billion to USD 50 Billion

Verisk Estimates Industry Insured Losses for Hurricane Milton Will Range Between USD 30 Billion to USD 50 Billion

BOSTON, Oct. 16, 2024 (Korea Bizwire) – The Extreme Event Solutions group at Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates that insured industry losses to onshore property for Hurricane Milton will fall between USD 30 billion and USD 50 billion. This estimate includes losses due to wind, privately insured estimates [...]

Verisk Estimates Industry Insured Losses in U.S. for Hurricane Helene Will Range Between USD 6 Billion to USD 11 Billion

Verisk Estimates Industry Insured Losses in U.S. for Hurricane Helene Will Range Between USD 6 Billion to USD 11 Billion

BOSTON, Oct. 8 (Korea Bizwire) — The Extreme Event Solutions group at Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates industry insured losses due to wind, storm surge and hurricane precipitation induced flood in the U.S. for Hurricane Helene will range between USD 6 billion to USD 11 billion. Please note [...]

Verisk Estimates Industry Insured Losses from Flooding in Central Europe to Range from EUR 2 Billion (~USD 2.2 Billion) to EUR 3 Billion (~USD 3.4 Billion)

Verisk Estimates Industry Insured Losses from Flooding in Central Europe to Range from EUR 2 Billion (~USD 2.2 Billion) to EUR 3 Billion (~USD 3.4 Billion)

BOSTON, Oct. 01, 2024 (Korea Bizwire) – The Extreme Event Solutions group at Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates that insured industry losses from the flooding in Czechia, Poland and Austria in September 2024 will range from EUR 2 billion (~USD 2.2 billion) to EUR 3 billion (~USD 3.4 [...]