How Insurers Game Out Disaster Risk and Drop Customers [Yahoo! Finance]
Verisk Analytics, Inc. (VRSK)
Last verisk analytics, inc. earnings: 2/18 04:30 pm
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Source: Yahoo! Finance
Most Read from The Wall Street Journal Regulators Seize Troubled Philadelphia Bank, Republic First What to Do With Bonds When Inflation Won't Die Biden Administration Shelves Plan to Ban Menthol Cigarettes Why China Is Holding Its Fire as U.S. Moves to Ban TikTok Trump Allies Draw Up Plans to Blunt Fed's Independence The reason given? Wildfire risk. The wildfire-risk score sent by CSAA? Zero. As insurers suffer rising losses from wildfires and thunderstorms , they are using scores and models of natural perils to cherry pick which properties they insure , and set their rates. Insurers say this helps keep home insurance available in disaster-prone areas, by allowing them to predict and manage risks. Consumers and industry analysts question how fair, accurate and reliable the tools really are. Scoring of individual homes is one of two main methods insurers use to reduce losses from storms, wildfires and other risks. The other is catastrophe models that try to estimate
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VRSK
News
- "Is America HurricaneStrong?" Annual Survey Reveals Low Awareness of the Most Affordable and Effective Home Protection Opportunity [Yahoo! Finance]Yahoo! Finance
- 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
VRSK
Earnings
- 5/1/24 - Beat
VRSK
Sec Filings
- 5/15/24 - Form 144
- 5/15/24 - Form 144
- 5/13/24 - Form 4
- VRSK's page on the SEC website