Verisk Analytics' Winter Storm Fern Loss Estimates Highlight Growing Role in Risk Analytics

Verisk Analytics estimates large insured industry losses from Winter Storm Fern, which could be the third costliest US winter storm on record. The event highlights the growing importance of detailed catastrophe modeling in the insurance industry, particularly for carriers and reinsurers managing climate-related risks. As insurers seek more granular risk data and scenario analysis, Verisk's analytics and modeling platforms are critical in quantifying regional impacts and portfolio exposure.