The hidden drivers of disaster losses force a rethink in re/insurance modelling, says Gallagher Re science chief ...

Acquisition accelerates development of a high-fidelity U.S. earthquake model and strengthens multi-peril catastrophe modeling portfolio for insurers, reinsurers, and financial institutions. LA JOLLA, ...

SAN DIEGO — California's Insurance Commissioner Ricardo Lara has announced a new "Sustainable Insurance Strategy" that will allow insurance companies to use catastrophe modeling to determine wildfire ...

BETHLEHEM, Pa.--(BUSINESS WIRE)--When researchers and graduate students at Lehigh University began planning a Workshop on Climate, Equity, and Resilience in Catastrophe Modeling, they had no idea the ...

Jersey City, Jan. 02, 2025 (GLOBE NEWSWIRE) -- In a groundbreaking step toward a more resilient and sustainable property insurance market in California, Verisk (Nasdaq: VRSK), a leading global data ...

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 ...

In 2005, Hurricane Katrina caused catastrophic flooding in Louisiana, killing more than 1,800 people and leading to $108 billion in property damage, including the destruction of fiber optic cables and ...

“Current catastrophic risk modeling relies on aggregation and characterization of historical events adjusted to reflect current conditions, but this leads to models that are inflexible and inaccurate.

Boston’s snowy streets and sidewalks suggest it’s the last place you’d find a discussion about wildfires and insurance. And yet, a little-known company here says it’s trying to solve California's ...

Verisk, a leading data analytics provider, has announced the release of the first catastrophe model designed to assess the financial impacts of strikes, riots, and civil commotion (SRCC) in the U.S.

The MarketWatch News Department was not involved in the creation of this content. Acquisition accelerates development of a high-fidelity U.S. earthquake model and strengthens multi-peril catastrophe ...