Core Insights - The GearTrack April Cargo Security Index indicates a significant rise in cargo theft incidents in the U.S., with 54% occurring in California, Florida, and Texas in March 2025 [1][7] - California experienced a 34% month-over-month increase in cargo theft incidents, while Texas and Florida saw increases of 17% [1][7] - Food and beverage items were among the most targeted goods, highlighted by a thwarted theft of $55,000 worth of beef in Philadelphia [1][7] Industry Trends - Organized theft groups are employing innovative schemes, including non-delivery of loads and document forgery for fraudulent pick-ups [2] - Shippers are advised to enhance route planning to ensure the safe delivery of valuable goods, particularly in sectors like food and beverage, apparel, household goods, metals, and vehicles [2] Cargo Security Index Overview - The Cargo Security Index is a collaboration between GearTrack and CargoNet, providing insights into cargo theft trends, high-risk routes, and organized theft activity [3] - The Index aims to equip shippers, logistics providers, and insurers with intelligence to counter increasingly sophisticated threats [3] Response to Rising Theft - The surge in cargo theft is attributed to economic pressures, tariff uncertainty, and increased shipment volumes [4] - GearTrack plans to integrate Verisk CargoNet's RouteScore API to offer route-specific intelligence and customized protection recommendations [4] Company Background - GearTrack is an IoT-powered supply chain solution that tracks and protects high-value assets in real-time, helping companies reduce downtime and ensure timely deliveries [5] - Verisk is a strategic data analytics partner for the global insurance industry, focusing on improving operational efficiency and combating fraud [6]

Core Viewpoint - Verisk is set to report its financial results for the fiscal first quarter ended March 31, 2025, on May 7, 2025, before market opening [1] Group 1: Financial Reporting - The financial results will be available on the Verisk investor website [1] - A live audio webcast will be hosted by Verisk's management team on May 7 at 8:30 a.m. ET to discuss the results and business highlights [2] - A replay of the webcast will be accessible for 30 days on the investor website [3] Group 2: Company Overview - Verisk is a leading strategic data analytics and technology partner to the global insurance industry [4] - The company focuses on enhancing operating efficiency, improving underwriting and claims outcomes, combating fraud, and making informed decisions regarding global risks [4] - Verisk operates in over 20 countries and is recognized for fostering an inclusive culture [4]

Verisk Analytics (VRSK) shares rallied 4.4% in the last trading session to close at $289.34. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 4.7% loss over the past four weeks.The stock has recorded this price rise as the company gained from its go-to-market approach, strong client relationships and strong free cash flow generation, allowing it to invest in existing and new solutions.This insurance data provi ...

Core Insights - Verisk's U.S. Roofing Realities Trend Report highlights significant trends and challenges in roof repair and replacement costs, emphasizing the importance of roof conditions for residential property insurers [1][2] Industry Challenges - The insurance industry faces challenges such as peril severity and outdated practices that are driving up roof repair and replacement costs [2] - Roof-related claims accounted for over 25% of all residential claim value in 2024, with wind and hail being the primary drivers of these costs [6] Data-Driven Solutions - Verisk's personal property solutions, including the Roof Condition Score (RCS) and Roof Age solution, provide insurers with insights to assess roof conditions, age, and characteristics, enhancing underwriting accuracy and risk management [3][4] - The Roof Condition Score automates the detection of visible roof defects, while the Roof Age solution combines various data sources to assess roof age [3][4] Key Trends in Roof Conditions - In 2024, roof repair and replacement costs reached nearly $31 billion, a nearly 30% increase since 2022 [6] - 38% of U.S. residential homes have roofs in moderate to poor condition, which incur 60% higher lost costs compared to those in good condition [7] - Roofs in hail-prone states have an average lifespan of 15 years, while those in less severe weather areas can last up to 22 years [7] Regional Variations - Roof conditions vary regionally, with roofs in the western U.S. generally in better condition than those in the eastern U.S. due to weather variability [7] - States like West Virginia, Connecticut, New Jersey, and Massachusetts have the highest percentage of roofs with less than four years of remaining life, leading to increased damage during severe weather [7] Roof Design and Resilience - Roof shape significantly affects weather resilience, with 20% of U.S. homes featuring hip-styled roofs that are more resistant to wind damage [7] - Florida and Louisiana have the highest percentage of hip-styled roofs, which can mitigate wind damage [7] Conclusion - Verisk emphasizes the need for insurers to leverage innovative data analytics and aerial imagery to better understand roof resiliency and manage risks associated with wind and hail loss costs [8]

CONSHOHOCKEN, Pa., April 03, 2025 (GLOBE NEWSWIRE) -- Cygnus Marketing Communications, a leader in performance marketing and enterprise technology solutions serving the higher education vertical, today announced its strategic alliance with Verisk Marketing Solutions (VMS), a business of the leading global data analytics and technology provider Verisk. This collaboration seamlessly integrates Verisk Marketing Solutions' robust, privacy-forward data offerings, including TCPA insights, identity, and attribute ...

Verisk Analytics, Inc. (VRSK) has had an impressive run over the past year. The company's shares have surged 28.3% against the 13.1% decline of its industry and the 7.7% fall of the Zacks S&P 500 Composite. VRSK reported impressive fourth-quarter 2024 results. Both earnings and revenues surpassed the Zacks Consensus Estimate. Adjusted earnings (excluding 12 cents from non-recurring items) were $1.61 per share, surpassing the Zacks Consensus Estimate by 0.6% and growing 15% from the year-ago quarter. Total r ...

It has been about a month since the last earnings report for Verisk Analytics (VRSK) . Shares have added about 2.3% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Verisk due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.How Have Estimates Been Moving Since Then?It tur ...

Group 1 - The previous investment stance on Verisk Analytics (NASDAQ: VRSK) was a hold rating due to a lack of confidence in justifying the premium multiple at which the company was trading [1] - The renewed view on VRSK emphasizes a focus on long-term investments while also incorporating short-term shorts to uncover alpha opportunities [1] - The investment approach is centered around bottom-up analysis, examining the fundamental strengths and weaknesses of individual companies [1] Group 2 - The investment duration is medium to long-term, aiming to identify companies with solid fundamentals, sustainable competitive advantages, and growth potential [1]

Jersey City, N.J., March 21, 2025 (GLOBE NEWSWIRE) -- Verisk, a leading global data analytics and technology provider, today announced that its Board of Directors has nominated to stand for election as directors Christopher J. Perry and Sabra R. Purtill. Perry is president of Broadridge Financial Solutions, Inc. Purtill is an experienced executive of insurance and financial services companies, and she currently serves as an advisor at American International Group, Inc.  Perry and Purtill will stand for elec ...

Jersey City, N.J., March 21, 2025 (GLOBE NEWSWIRE) -- Verisk, a leading global data analytics and technology provider, today announced that its Board of Directors has nominated to stand for election as directors Christopher J. Perry and Sabra R. Purtill. Perry is president of Broadridge Financial Solutions, Inc. Purtill is an experienced executive of insurance and financial services companies, and she currently serves as an advisor at American International Group, Inc.  Perry and Purtill will stand for elec ...