Post Activist Investor Shakeup, Verisk Aims to “Move Up” Industry Value Chain
Verisk CEO Lee Shavel says the firm will leverage AIR’s geolocation to expand into ESG.
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Markets
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California Wildfire Risk Has Created a $2 Trillion Capital Hole, McKinsey Warns
California’s insurance market is approaching a structural breaking point, with McKinsey warning that wildfire-driven risk has opened a $2 trillion capital gap that will require both financial restructuring and physical risk reduction to solve.
