Verisk Analytics, Inc.

Verisk Analytics' Q3 2026 cargo theft analysis reveals a significant 33% year-over-year decline in reported supply chain crime incidents to 547. However, the financial impact continues to grow, with estimated losses reaching $230.1 million for the quarter, a 12% increase from the previous year, and $718.9 million year-to-date, up 39%. Fictitious pickups, a form of deception-based theft, increased their share of reported incidents to 25%. High-value thefts, particularly involving electronics and data center materials, also saw a notable rise, with 19 incidents exceeding $1 million in value compared to nine in the prior year.

Verisk Analytics, Inc. announced its strong disagreement with a recent Delaware Chancery Court ruling regarding AccuLynx. The company stated it is currently evaluating its options, which include the possibility of an appeal, following the court's decision.

Verisk's CargoNet reported a 26% decline in supply chain theft incidents across the US and Canada in Q2 2026 compared to Q2 2025, with 677 incidents documented. However, the financial impact escalated sharply, with total estimated cargo losses more than doubling year-over-year to $304.6 million, up from $135.7 million in Q2 2025, driven by several multimillion-dollar thefts. While physical thefts and non-delivery fraud decreased, particularly in California and Texas, compromise-based schemes like business email fraud and shipment misdirection remained steady. Organized groups continue to target high-value commodities such as metals and enterprise technology.

Verisk Analytics, Inc. estimates insured losses ranging from JPY 220 billion (approximately $1.4 billion) to JPY 340 billion (approximately $2.1 billion) from the magnitude 6.8 earthquake that struck near Kumamoto City, Japan, on July 28. The earthquake, occurring at a shallow depth of 10 kilometers, caused widespread damage to homes, commercial buildings, infrastructure, and temporarily disrupted manufacturing hubs. Verisk's estimates primarily cover ground shaking damage to insured properties, excluding uninsured losses, business interruption, and certain non-modeled perils.

Verisk Analytics, Inc. announced its second-quarter 2026 financial results, reporting revenue of $806 million, up 4.3%, and diluted adjusted EPS of $1.98, an increase of 5.3%. However, GAAP net income decreased by 9.8% to $229 million, primarily due to higher effective tax rates, increased net interest expense, and legal fees. The company generated strong cash flow, with net cash from operating activities up 49.7% to $366 million, and reaffirmed its full-year 2026 financial outlook.

Verisk Analytics reported Q2 2026 revenue of $806 million, a 4.3% increase, with diluted adjusted EPS rising 5.3% to $1.98. Adjusted EBITDA grew 4.2% to $464 million, while GAAP net income decreased 9.8% to $229 million due to higher tax rates, interest expense, and legal fees. The company generated strong cash flow, with operating activities up 49.7% and free cash flow up 57.9%, enabling a 50-cent dividend and a $200 million Accelerated Share Repurchase program. Verisk reaffirmed its full-year 2026 financial outlook, expressing confidence in its economic model and operational discipline.

Verisk Analytics, Inc. announced the acquisition of McKenzie Intelligence Services (MIS), a geospatial intelligence and event response company. MIS provides real-time catastrophe and conflict event analysis, enhancing Verisk's capabilities in post-event damage assessment and political violence risk analytics. This strategic move integrates MIS into Verisk's Catastrophe and Risk Solutions, aiming to provide clients with a more complete view of unfolding events. The acquisition is not expected to materially impact Verisk's financial results.

Verisk Analytics announced that Nick Daffan will step down as Executive Vice President and Chief Information Officer, effective August 3, 2026. He will transition to a Strategic Advisor role until the end of the year. Jeff Negrete, the current Chief Technology Officer, will assume the role of interim Chief Information Officer. Mr. Daffan's separation terms will follow the company's Senior Executive Severance Benefits Plan.

Verisk's Catastrophe and Risk Solutions group estimates economic losses from the June 24, 2026, Venezuela earthquakes will likely exceed $10 billion. The company notes significant uncertainty in estimating the insured share of losses due to Venezuela's macroeconomic conditions, high inflation, low insurance penetration, and sanctions. The rare earthquake doublet, including a magnitude 7.5 mainshock, caused severe damage, destroying an estimated 1,400 buildings.

Verisk and APCIA reported that the U.S. property/casualty (P&C) insurance industry's financial performance significantly improved in Q1 2026. The industry posted an estimated net underwriting gain of $15.8 billion, a strong rebound from an $864 million loss in Q1 2025, driven by moderating inflation and fewer natural catastrophes. Net income after taxes more than doubled to $40.9 billion. However, net written premium growth slowed sharply to 2.9%, and broader market conditions remain mixed with ongoing pressures from legal system abuse and rising claims severity.