Michael Gannon

Michael Gannon

Michael Gannon, director of Marketing for Verisk insurance solutions, is responsible for strategic marketing in support of Verisk underwriting auto and property solutions. Before joining Verisk, he held similar positions at Verisk’s Xactware and AIR Worldwide.

Reconstruction cost increases continue to slow in the United States and Canada

Virtually all the labor and materials tracked for the 360Value ® Overview of Property Reconstruction Cost Changes  showed increases in both the United States and Canada for the period spanning October 2014 through...

Reconstruction costs continue to rise for Q3 2015, but at a slower pace than last quarter

Across the United States, reconstruction costs continued to rise from July 2014 to July 2015, but at a slower rate than experienced in April. At the state level, reconstruction costs in 43 states and Washington, D.C.,...

Reconstruction costs continue sharp increases across the United States and Canada

The latest reports of the 360Value ® Overview of Property Reconstruction Cost Changes show reconstruction costs are higher in the United States and Canada compared with the same time last year. In the United States, 4...

Fraud-fighting insurance technologies and connected-home insights

Fraud prevention and connected homes lead our Q1 2015 issue of Visualize , a quarterly magazine from Verisk Insurance Solutions. This popular publication contains commentary and insights devoted to auto and property...

Sinkhole season: Why now?

Sinkholes can happen any time, but for a number of reasons they’re more prevalent from early spring until late summer — the unofficial Florida “sinkhole season.” The entire state of Florida is vulnerable to sinkholes....

More Than 4.5 Million Households at High or Extreme Risk from Wildfire

In each of the past four years, wildfires destroyed hundreds of homes and cost insurers hundreds of millions of dollars in claims. Although California has the most households at high or extreme risk from wildfires and...

Crime in the United States 2012 Report Released

The Federal Bureau of Investigation (FBI) recently released its Crime in the United States 2012 Report . The FBI estimates that property crime decreased 0.9 percent in 2012 compared with the 2011 figures. The 10-year...

Expect Replacement Cost Estimates to Rise in the Third Quarter

Overall, insurers can expect replacement cost estimates to increase in the third quarter of 2013. According to data from Xactware’s Industry Trend Reports, reconstruction costs in all 50 states are up compared with...

Even Insurers Need a Zombie (Property) Survival Guide

Several months into the new year, indicators continue to point to an improving housing market. However, a recent national survey discovered that more than 300,000 abandoned — or “zombie” —properties exist nationwide,...

Hurricane Sandy Demand Surge Influences Replacement Cost Estimates in the Northeast

According to the 360Value ® Quarterly Cost Update , reconstruction costs have increased by at least 3 percent in all northeastern states for first-quarter 2013. That’s primarily attributable to the demand surge caused...