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 ...

The percentage of insurers in Bermuda purchasing little or no external catastrophe reinsurance decreased to zero per cent of respondents in 2023, the Bermuda Monetary Authority reported. The island’s ...

New predictive models help banks, insurers and investors assess conflicts, supply-chain shocks and geopolitical volatility.

Rob Newbold, President of Extreme Event Solutions at Verisk, joins CNBC's Martin Soong and Mandy Drury to discuss how catastrophe modeling is helping insurers manage risk and what it will take to ...

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 risk and set ...

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 ...

Lehigh University and Rice University have launched a bold new initiative—the Consortium for Enhancing Resilience and Catastrophe Modeling (CERCat)—bringing together researchers, industry leaders and ...

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 ...

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 ...

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, ...