Verisk (VRSK), a leading data analytics provider, today announced that its 2020 Annual Meeting of Shareholders will be held as a live audio webcast rather than as an in-person event. Verisk is shifting to a virtual format as a precautionary measure for the health and well-being of employees, shareholders and the community in light of the COVID-19 pandemic. The virtual Annual Meeting will be held on Wednesday, May 20, 2020 at 4:00 p.m. E.T., instead of the previously announced time of 8:00 a.m. E.T. Shareholders and guests will not be able to attend in-person.
Verisk (VRSK) delivered earnings and revenue surprises of 2.63% and 0.62%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Benefits from strong organic growth and acquisitions are likely to get reflected in Verisk's (VRSK) first-quarter 2020 earnings
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Verisk Analytics, Inc. New York, May 20, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Verisk Analytics, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Does the May share price for Verisk Analytics, Inc. (NASDAQ:VRSK) reflect what it's really worth? Today, we will...
Verisk (VRSK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Exhibit 99.1 Verisk Reports First-Quarter 2020 Financial Results • Consolidated revenues were $690 million, up 10.4%, and up 5.0% on an organic constant currency (OCC).
Jersey City, N.J., May 27, 2020 -- Verisk (Nasdaq:VRSK), a leading data analytics provider, is offering four months of complimentary access during the COVID-19 pandemic to.
Verisk (VRSK), a leading data analytics provider, announced today that the Texas Department of Insurance (TDI) will be leveraging the machine learning and natural language processing in Verisk’s Mozart Form Composer® to accelerate the regulatory review of thousands of property/casualty forms filed by insurers each year. TDI's use of Mozart®, Verisk’s platform for forms management and product development, is being coordinated with the National Association of Insurance Commissioners (NAIC) and marks an expansion of the market for Mozart – from insurers, brokers, and managing general agents (MGAs) – to insurance regulators.
Xactware’s estimating app, XactRemodel GOTM, is now available to help contractors and remodeling professionals rapidly write bids with their mobile devices and potentially win more jobs. Xactware is a Verisk (VRSK) business with more than 30 years of experience providing estimating solutions for all phases of building and repair. “Winning remodeling jobs often comes down to getting the bid done quickly,” said Joel Dagenais, senior vice president of Xactware.
Commerce Signals, a Verisk Financial company and leading source of U.S. retail payment insights, today announced the availability of the Covid-19 Consumer Spending Impact Tracker, enabling companies to quickly and easily gain valuable insights into U.S. consumer spending behavior across key retail and direct-to-consumer business categories. The solution provides a granular view into spending patterns over time, including regional differences that can be expected to arise as various geographic areas begin to ease restrictions on businesses and consumers. “Retailers and e-commerce companies are hungry for accurate and granular spending data delivered in a timely fashion to help with their strategic, financial, business and marketing planning, especially during these uncertain times,” said Lisa Bonalle-Hannan, president of Verisk Financial.
Q1 2020 Verisk Analytics Inc Earnings Call
Consecutive better-than-expected top-line performance, organic growth and contributions from acquisitions have been benefiting Verisk (VRSK) stock.
In response to the recent COVID-19 outbreak, Verisk (Nasdaq: VRSK), a leading data analytics provider, today announced that it will host Verisk Vision on 17 June as a virtual conference. The annual conference brings together insurance risk, underwriting, and claims leaders in the London market to discuss the critical trends shaping the future of the insurance sector.
Today's call will be led by Scott Stephenson, Verisk's chairman, president, and chief executive officer, who will provide a brief overview of our business. Mark Anquillare, chief operating officer, will then provide an update on our insurance segments.
Verisk's (VRSK) first-quarter 2020 earnings benefit from organic growth in the business and lower average share count.
Verisk (VRSK), a leading global insurance data analytics provider, and Geotab, a global leader in IoT and connected transportation, announced today that the Verisk Data Exchange™ Add-In is now available on the Geotab Marketplace. Fleet customers of Geotab, which provides award-winning connected vehicle solutions for improved fleet management to more than two million global subscribers, can now choose to share their telematics data directly with insurers participating in the Verisk Data Exchange™ through this new integration.
Moody's Investors Service ("Moody's") said it expects Verisk Analytics, Inc. ("Verisk") will use some of the net proceeds from its announced senior unsecured notes due 2050 to repay the $400 million of loans outstanding under its revolving credit facility, thereby increasing its potential financial leverage. For further information, please see the Verisk Analytics, Inc. page at www.moodys.com. Verisk Analytics, Inc. (VRSK), based in Jersey City, NJ, provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence, economic forecasting and many other fields for customers in the insurance, energy and financial services industries.
The private U.S. property/casualty insurance industry had solid results in 2019, with increases in net income, underwriting gains, and policyholders’ surplus, but faces considerable challenges in 2020 as the effects of the COVID-19 pandemic unfold, according to Verisk (VRSK), a leading data analytics provider, and the American Property Casualty Insurance Association (APCIA). Net income after taxes rose to $61.4 billion in 2019 from $59.6 billion in 2018. Net underwriting gains increased to $3.7 billion, after $0.2 billion of net underwriting losses a year earlier, due in part to high catastrophe losses in 2018.