INSURASALES

Tag: Catastrophe Modeling

Verisk Reports Sharp Rise in Catastrophe Losses; NJ Workers’ Comp Managed Care Focuses on Specialized Networks

Verisk's 2025 report highlights a 25% rise in global annual catastrophe losses driven by frequent smaller events. NJ's workers' comp sector emphasizes specialized Managed Care Organizations for improved occupational injury care and claim outcomes.

Mercury Insurance Expands Climate Science Team to Enhance Catastrophe Risk Strategy

Mercury Insurance appoints Steve Bennett to lead a climate science team, enhancing risk mitigation and underwriting in high-risk property and casualty markets.

U.S. Insurance Sector Advances with New SRCC Model and AI-Driven Analytics

Explore recent U.S. insurance industry innovations including Verisk's SRCC catastrophe model, Clearwater Analytics' acquisition of Beacon, and Willis Towers Watson's AI-driven Radar Vision tool enhancing underwriting and risk analytics.