Freeze is expected to be the largest driver of insured losses among the modeled perils BOSTON, Feb. 03, 2026 (Korea Bizwire) – Verisk (Nasdaq: VRSK), a leading strategic data analytics and technology provider to the global insurance industry, estimates insured industry losses to property and auto from Winter Storm Fern could reach USD 4 billion, according [...]
Executes Plan to Redeem Acquisition-Related Debt JERSEY CITY, N.J., Dec. 29, 2025 (Korea Bizwire) – Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, announced today that it has terminated its definitive agreement to purchase AccuLynx. This decision follows the notification by the Federal Trade Commission (FTC) that it has not completed its [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]