reports
Verisk to Announce Fiscal First-Quarter 2025 Results on May 7, 2025
Verisk to Announce Fiscal First-Quarter 2025 Results on May 7, 2025 JERSEY CITY, N.J., April 16, 2025 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, will report its financial results for the fiscal first quarter ended March 31, 2025, on Wednesday, May 7, 2025, before the market open. The press release, with accompanying financial information, will be posted on the Verisk investor website at . Verisk’s management team will host a live audio webcast to discuss the financial results and business highlights on Wednesday, May 7 at 8:30 a.m....
U.S. Roof Claims Costs Reached Over $30 Billion In 2024, Underscoring ...
U.S. Roof Claims Costs Reached Over $30 Billion In 2024, Underscoring Evolving Risks Verisk report reveals challenges and trends in roof repair and replacement costs based on peril exposure, shape and building materials JERSEY CITY, N.J., April 08, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: VRSK), a leading global data analytics and technology provider, today released its U.S. Roofing Realities Trend Report, which identifies trends and challenges in roof conditions. These are supported by insights from Verisk’s personal property solutions, which are used by many of the top P&C insurance carrie...
Verisk Nominates Christopher Perry and Sabra Purtill to the Company’s ...
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 (GLOBE NEWSWIRE) -- 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 president of Purtill is an experienced executive of insurance and financial services companies, and she currently serves as an advisor at American International Group,...
U.S. Insurance Industry Shows Signs of Resilience Despite Continued He...
U.S. Insurance Industry Shows Signs of Resilience Despite Continued Headwinds in 2024 Verisk & APCIA report that investment gains and more aligned pricing in 2024 offset some impacts driven by severe catastrophic events JERSEY CITY, N.J., March 20, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: VRSK), a leading global data analytics and technology provider, and (APCIA), the primary national trade association for home, auto and business insurers, today reported full-year 2024 net income for the insurance industry, which is estimated to be $170 billion. Adjusting for over $70 billion in capital gain...
Verisk Analytics Inc: 2 directors
Two Directors at Verisk Analytics Inc sold 2,500 shares at between 287.830USD and 288.495USD. The significance rating of the trade was 63/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors ove...
Verisk Reports Fourth-Quarter 2024 and Full-Year 2024 Financial Result...
Verisk Reports Fourth-Quarter 2024 and Full-Year 2024 Financial Results Consolidated revenues were $736 million, up 8.6% on a consolidated and an organic constant currency (OCC) basis for the fourth quarter of 2024. For the full year 2024, consolidated revenues were $2,882 million, up 7.5% and up 7.1% on an OCC basis.Income from continuing operations was $204 million, up 11.6% for the fourth quarter of 2024. Adjusted EBITDA, a non-GAAP measure, was $398 million, up 9.9%, and up 13.5% on an OCC basis. For the full year 2024, income from continuing operations was $951 million, up 23.7%, while...
Verisk to Announce Fiscal Fourth-Quarter 2024 and Full-Year 2024 Resul...
Verisk to Announce Fiscal Fourth-Quarter 2024 and Full-Year 2024 Results on February 26, 2025 JERSEY CITY, N.J., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, will report its financial results for the fourth quarter and fiscal year ended December 31, 2024, on Wednesday, February 26, 2025, before the market open. The press release, with accompanying financial information, will be posted on the Verisk investor website at . Verisk’s management team will host a live audio webcast to discuss the financial results and business...
To Combat Mounting Cargo Theft, Verisk Launches CargoNet® RouteScore A...
To Combat Mounting Cargo Theft, Verisk Launches CargoNet® RouteScore API CargoNet’s RouteScore API bolsters cargo security with advanced, data-driven risk scoring JERSEY CITY, N.J., Jan. 23, 2025 (GLOBE NEWSWIRE) -- Cargo theft losses in the U.S. continue to climb: 2024 is projected to record 25 percent more losses than 2023, a year that also reached all-time highs for reported incidents. Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, today launched CargoNet® RouteScore API, a solution aimed at significantly minimizing the risk of cargo theft. RouteS...
Verisk Estimates Industry Insured Losses for the Palisades and Eaton F...
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 (GLOBE NEWSWIRE) -- 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 will fall between USD 28 billion and USD 35 billion. This estimate includes losses due to fire and is inclusive ...
Verisk Wildfire Model is the First Catastrophe Model Under Review for ...
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. 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 analytics and technology provider, announced today that it is the first modeler to request a review of its wild...
Lockton Re Selects Verisk U.S. Agricultural Risk Models to Develop New...
Lockton Re Selects Verisk U.S. Agricultural Risk Models to Develop New (Re)Insurance Solutions BOSTON, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Lockton Re, a leading global reinsurance broker, has announced a strategic collaboration with Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, to bring new (re)insurance products to the market. Lockton Re will use – including Verisk's Multiple Peril Crop Insurance (MPCI) and Crop Hail Model for the U.S. – to understand how climate change and meteorological factors are impacting crop production and potential insured losse...
Verisk Offers Insurers Address-Level Insights to Better Assess Fire Pr...
Verisk Offers Insurers Address-Level Insights to Better Assess Fire Protection Capabilities LOCATION® Property Protection Score™ (PPS) measures homeowners fire protection with deeper granularity and enhanced scoring criteria JERSEY CITY, N.J., Nov. 19, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: VRSK), a leading global data analytics and technology provider, today introduced LOCATION® Property Protection Score™ (PPS), which provides insurers with a score that represents fire protection capabilities at the address level. This score supports an insurers’ ability to accurately rate and underwrite...
Verisk Reports Third-Quarter 2024 Financial Results
Verisk Reports Third-Quarter 2024 Financial Results Consolidated revenues were $725 million, up 7.0%, and up 6.8% on an organic constant currency (OCC) basis for the third quarter of 2024.Income from continuing operations was $220 million, up 17.4% for the third quarter of 2024. Adjusted EBITDA, a non-GAAP measure, was $401 million, up 9.4%, and up 7.2% on an OCC basis. Diluted GAAP earnings per share from continuing operations (diluted EPS) were $1.54 for the third quarter of 2024, up 19.4%. Diluted adjusted earnings per share (diluted adjusted EPS), a non-GAAP measure, were $1.67, up 9.9%...
Verisk CEO Lee Shavel Appointed to Federal Advisory Committee on Insur...
Verisk CEO Lee Shavel Appointed to Federal Advisory Committee on Insurance JERSEY CITY, N.J., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, today announced that its president and CEO, Lee Shavel, has been appointed to the Federal Advisory Committee on Insurance (FACI). FACI provides advice and recommendations to assist the Federal Insurance Office (FIO) within the U.S. Department of the Treasury in carrying out its duties and authorities in monitoring the insurance industry. The committee is limited to 25 members and inc...
Verisk to Announce Fiscal Third-Quarter 2024 Results on October 30, 20...
Verisk to Announce Fiscal Third-Quarter 2024 Results on October 30, 2024 JERSEY CITY, N.J., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, will report its financial results for the fiscal third quarter ended September 30, 2024, on Wednesday, October 30, 2024, before the market open. The press release, with accompanying financial information, will be posted on the Verisk investor website at . Verisk’s management team will host a live audio webcast to discuss the financial results and business highlights on Wednesday, Oc...
Verisk Estimates Industry Insured Losses in U.S. for Hurricane Helene ...
Verisk Estimates Industry Insured Losses in U.S. for Hurricane Helene Will Range Between USD 6 Billion to USD 11 Billion BOSTON, Oct. 08, 2024 (GLOBE NEWSWIRE) -- 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 that this figure does not include NFIP losses. Meteorological History of Helene On September 23, the National Hur...
Verisk Announces U.S. Expansion of Industry-Leading (Re)Insurance Plat...
Verisk Announces U.S. Expansion of Industry-Leading (Re)Insurance Platform Whitespace Verisk’s Whitespace connects global E&S and specialty insurance markets, driving efficiency, growth and real-time collaboration JERSEY CITY, N.J., Oct. 04, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: VRSK), a leading global data analytics and technology provider, today announced the U.S. launch of Whitespace, an all-in-one intuitive platform which enables brokers, underwriters and managing general agents (MGAs) to offer, negotiate and place business in the global (re)insurance market. The only truly digital pl...
Verisk Estimates Industry Insured Losses from Flooding in Central Euro...
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 (GLOBE NEWSWIRE) -- 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 billion). Like the June flood event in Europe that primarily impacted Germany, this weath...
New Report: Average Annual Natural Catastrophe Losses for the Insuranc...
New Report: Average Annual Natural Catastrophe Losses for the Insurance Industry Reaches New High of $151 Billion Verisk’s Extreme Event Solutions business cites exposure growth, impacts from climate change and climate variability and an increasing frequency of catastrophe events as contributors to steady rise in anticipated costs BOSTON, MA, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, is newly reporting the average annual loss (AAL) from global natural catastrophes has reached a new high of $151 billion (with non-...
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