Insurance Loss Estimation
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Verisk Estimates Insured Losses for Winter Storm Fern Could Reach USD 4 Billion
Globenewswire· 2026-02-03 19:22
BOSTON, Feb. 03, 2026 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading strategic data analytics and technology provider to the global insurance industry, estimates insured industry losses to property and auto from Winter Storm Fern could reach USD 4 billion, according to an initial analysis by the company’s Catastrophe and Risk Solutions group. Freeze impacts are expected to be the largest driver of losses, with supplemental losses from wind and snow. Meteorological Summary Winter Storm Fern affected t ...