Be mindful of boilerplate language in insurance policies [Reuters]
Verisk Analytics, Inc. (VRSK)
Last verisk analytics, inc. earnings: 2/18 04:30 pm
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Source: Reuters
It is also important to account for the fact that, while courts will typically not go out of their way to find policy ambiguities where none exist, even the most common and boilerplate form language may be brought into issue in insurance coverage litigation. Recently, the Insurance Services Office, Inc. (ISO) standard policy form language — "ALL OTHER TERMS AND CONDITIONS OF THE POLICY REMAIN UNCHANGED" — which is contained (or language substantially similar to it) at the bottom of most, if not all, ISO-based policy endorsements, has been the subject of litigation as to the "ambiguousness" of that language. This article will explore the history of this standard form language and the current issues surrounding it in litigation. In Kinsale Ins. Co. v. Flyin' Diesel Performance & Offroad, LLC, (W.D. Tex. Mar. 31, 2023), the Federal District court sitting in the Western District of Texas ruled on a coverage dispute arising out of a fatal auto accident at an amateur drag racing event.
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News
- Baron Asset Fund Q1 2024 Shareholder Letter [Seeking Alpha]Seeking Alpha
- Verisk Analytics, Inc. (NASDAQ: VRSK) had its price target raised by analysts at BMO Capital Markets from $238.00 to $241.00. They now have a "market perform" rating on the stock.MarketBeat
- Verisk Analytics (NASDAQ:VRSK) Ticks All The Boxes When It Comes To Earnings Growth [Yahoo! Finance]Yahoo! Finance
- Verisk (VRSK) Earnings & Revenues Surpass Estimates in Q1 [Yahoo! Finance]Yahoo! Finance
- Verisk Reports First-Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
VRSK
Earnings
- 5/1/24 - Beat
VRSK
Sec Filings
- 5/3/24 - Form 144
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- VRSK's page on the SEC website