Verisk Says AI Data Will Fuel Growth While Record-Low Catastrophes Depress Claims Transactions
Verisk's AI-powered subscription businesses surged 8.7% as the insurance data giant pivots away from weather-dependent claims transactions, which collapsed in the quietest U.S. catastrophe quarter since 2017.
Read next
Models
·
Report Calls on States to Require Insurers to Price Home Mitigation Into Risk Models
A new report argues that home hardening should become a required input into catastrophe models and insurance pricing.
