“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.

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 ...

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 ...

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 ...

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 ...

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.

Verisk, a prominent data analytics and technology provider, has made a significant move toward enhancing California's property insurance market by becoming the first modeler to seek a review of its ...

LOS ANGELES--(BUSINESS WIRE)--People are the most important component of resilience. Researchers at Lehigh University’s Center for Catastrophe Modeling and Resilience urge all those in the path of ...

In an effort to staunch the exodus of home insurers fleeing the state, California Insurance Commissioner Ricardo Lara on Thursday unveiled a proposal for letting those insurers use computer models of ...