Verisk

Increase in severity of storms, floods, wildfires and more - as well as rising property values and insurance costs - spurs surge in modelled losses from natural catastrophes in a given year, according to Verisk

Urban expansion, climate change, and increasing frequency of extreme weather events drive average annual natural catastrophe loses to new high, report finds

Verisk announces sale of business it bought back in 2015 in bid to streamline its business, pay down debt, and return value to shareholders