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Verisk Analytics - VRSK STOCK NEWS

Welcome to our dedicated page for Verisk Analytics news (Ticker: VRSK), a resource for investors and traders seeking the latest updates and insights on Verisk Analytics stock.

Verisk Analytics (VRSK) delivers data-driven solutions for risk assessment and operational optimization across insurance, energy, and financial sectors. This news hub provides investors and professionals with authoritative updates on corporate developments, strategic initiatives, and technological advancements.

Access real-time announcements including earnings reports, partnership agreements, and product innovations. Our curated collection helps stakeholders track regulatory compliance milestones, analytics platform enhancements, and industry leadership changes.

Key updates on predictive modeling breakthroughs, catastrophe risk assessments, and fraud detection technologies. Bookmark this resource for verified information about underwriting tools, claims management systems, and data standardization efforts shaping risk intelligence.

Stay informed through official press releases and third-party analysis. Check back regularly for essential updates impacting insurance markets and enterprise risk strategies worldwide.

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Verisk (Nasdaq: VRSK) has secured a contract with Citizens Property Insurance Corporation in Florida to implement its Aerial Imagery Analytics solution, enhancing risk assessment capabilities in the state.
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A new study reveals vulnerabilities for 14 million structures across the Western U.S. Few states and counties with the greatest wildfire risk are using sound regulatory approaches backed by consistent enforcement. California and Utah are the only Western states with uniformly enforced statewide codes specifically addressing wildfire exposures to residential and commercial properties. Despite a federal mandate, one in four high-risk counties lack adequate Community Wildfire Protection Plans. There is no correlation between the amount counties spend on wildfire-related activities and the use of WUI codes or community wildfire preparedness plans.
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Hurricane Otis has become the strongest landfalling hurricane on record in the region and the fourth most intense in the nation's history. Verisk estimates industry insured losses to onshore property for Hurricane Otis to range from MXN 50 billion to MXN 110 billion (~USD 3 billion to 6 billion), with most of the loss attributable to wind damage.
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Verisk reports strong financial results for Q3 2023 with consolidated revenues of $677.6 million, up 11.1% YoY. Income from continuing operations increased by 13.1% to $187.4 million. Adjusted EBITDA grew by 12.5% to $366.0 million. Diluted GAAP earnings per share were $1.29, up 22.9%, while diluted adjusted EPS reached $1.52, up 26.7%. Net cash provided by operating activities was $250.1 million, down 10.7%, and free cash flow was $195.8 million, down 8.7%. A cash dividend of 34 cents per share was paid on September 30, 2023, and another dividend of the same amount is payable on December 29, 2023.
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Verisk launches Xactimate Time & Materials, an innovative tool designed to simplify cost tracking and enhance transparency for large loss residential and commercial jobs. The tool integrates with the existing Xactimate ecosystem and allows for efficient job cost tracking and automatic inventory creation.
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Pearl Holding Group (PHG) is using Verisk's LightSpeed® data analytics to improve control and save money in its agent distribution channel. LightSpeed streamlines workflows and provides reliable quotes to consumers in seconds, helping PHG provide affordable auto insurance to the nonstandard market.
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Verisk launches new Climate Risk Dataset to provide geospatial insight into climate risks for businesses
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OneShield announces integration with Verisk's ISO Electronic Rating Content (ISO ERC) to enhance its insurance software solutions
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Verisk to report Q3 2023 financial results on November 1, 2023
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Verisk launches update to ISO Businessowners (BOP) program, providing insurers with enhanced classifications and more comprehensive classification system
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Verisk Analytics

Nasdaq:VRSK

VRSK Rankings

VRSK Stock Data

40.90B
139.61M
0.21%
96.38%
1.43%
Consulting Services
Services-computer Processing & Data Preparation
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United States
JERSEY CITY