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California issues landmark rules to improve home insurance market [Los Angeles Times (CA)]

Verisk Analytics, Inc. (VRSK)  More Company Research Source: Los Angeles Times
Last verisk analytics, inc. earnings: 2/18 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.verisk.com/overview/default.aspx
Under new rules intended to stabilize California's troubled home insurance market, insurers will be able to set rates by drawing on a wide swath of meteorological, geographic and other data in establishing rates, rather than largely relying on historical losses. The insurance industry argued the change was imperative given global warming's role in a number of wildfires, including in 2017 and 2018 when thousands of homes burned down. In setting their rates, insurers also must account for efforts to make properties fire resistant. “With our changing climate we can no longer look to the past. We are being innovative and forward-looking to protect Californians' access to insurance,” Insurance Commissioner Ricardo Lara said in a statement. The new regulations — a central element of Lara's Sustainable Insurance Strategy — drew support from the industry and others, including farm and environmental groups, but a mixed response from consumer advocates. Los Angeles group Consumer Watchdo [Read more]
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California issues landmark rules to improve home insurance market [Los Angeles Times (CA)]

Verisk Analytics, Inc.  (VRSK) 
More Company Research Source: Los Angeles Times
Last verisk analytics, inc. earnings: 2/18 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.verisk.com/overview/default.aspx
Under new rules intended to stabilize California's troubled home insurance market, insurers will be able to set rates by drawing on a wide swath of meteorological, geographic and other data in establishing rates, rather than largely relying on historical losses. The insurance industry argued the change was imperative given global warming's role in a number of wildfires, including in 2017 and 2018 when thousands of homes burned down. In setting their rates, insurers also must account for efforts to make properties fire resistant. “With our changing climate we can no longer look to the past. We are being innovative and forward-looking to protect Californians' access to insurance,” Insurance Commissioner Ricardo Lara said in a statement. The new regulations — a central element of Lara's Sustainable Insurance Strategy — drew support from the industry and others, including farm and environmental groups, but a mixed response from consumer advocates. Los Angeles group Consumer Watchdo [Read more]
IMPACT SNAPSHOT
EVENT TIME:
VRSK
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS