Private U.S. property/casualty insurers’ net income after taxes grew to $18.2 billion in first-quarter 2015 from $13.9 billion in first-quarter 2014, with insurers’ overall profitability as measured by their rate of return on average policyholders’ surplus growing to 10.8 percent …
ISO, Verisk Analytics business, announced this week that its new coverage and exclusion options for commercial drones took effect this month in most ISO jurisdictions, providing insurers with tools to help develop innovative solutions for businesses that may use drones. …
Private U.S. property/casualty insurers’ net income after taxes fell to $55.5 billion in 2014 from $63.4 billion in 2013, with insurers’ overall profitability as measured by their rate of return on average policyholders’ surplus dropping to 8.4 percent from 10.2 …
Superstorm Sandy made landfall on October 29, 2012 near Atlantic City, N.J., causing an estimated $18.75 billion in insured property losses, making it the third most costly U.S. storm, according to ISO’s Property Claim Services (PCS). Though there were more …
Private U.S. property/casualty insurers’ net income after taxes grew to $63.8 billion in 2013 from $35.1 billion in 2012, with insurers’ overall profitability as measured by their rate of return on average policyholders’ surplus climbing to 10.3 percent from 6.1 …
ISO, a member of the Verisk Insurance Solutions group at Verisk Analytics, announced that filings are underway for its new Motorcycle Program, the first such standardized program in the industry. The program consists of forms, rules and loss costs tailored …
ISO has joined the national nonprofit Federal Alliance for Safe Homes (FLASH) to encourage communities to build disaster-resistant buildings that can withstand hurricanes, tornadoes, earthquakes, and other catastrophic events. ISO is a member of the Verisk Insurance Solutions group at …
Private U.S. property/casualty insurers’ net income after taxes rose to $24.5 billion in first-half 2013 from $17.2 billion in first-half 2012, with insurers’ overall profitability as measured by their annualized rate of return on average policyholders’ surplus increasing to 8.2 …
ISO has launched the ISO Risk Analyzer Homeowners Building Characteristics Module, the latest addition to its line of predictive analytic modeling tools to help insurers more precisely segment and rate their risks. The building characteristics module incorporates property-specific features, including …
Private U.S. property/casualty insurers’ net income after taxes rose to $14.4 billion in first-quarter 2013 from $10.2 billion in first-quarter 2012, with insurers’ overall profitability as measured by their annualized rate of return on average policyholders’ surplus climbing to 9.6 …