360Value | Blog Articles

6/2/2020 - 2 min read

Recent integrations make OneXperience the leader in comprehensive virtual property inspection

OneXperience for personal and commercial lines can transform property inspection workflows with valuation tools, property characteristics, and aerial imagery.

5/28/2020 - 2 min read

Reconstruction costs tick upward as pandemic unfolds

Reconstruction costs continue to rise in the second quarter of 2020, based on interim data extracted to identify short-term impacts of the COVID-19 pandemic.

4/16/2020 - 2 min read

Reconstruction costs rising at faster rates in U.S., Canada

Total reconstruction costs, including materials and retail labor, accelerated to 5.0% growth in the United States from April 2019 to April 2020.

1/13/2020 - 2 min read

Reconstruction cost trends diverge between U.S., Canada

Verisk recently released its latest 360Value® Quarterly Cost Update, which offers an overview of current reconstruction cost trends at the national and state/provincial levels for the United States and Canada from January 2018 to January 2020.

11/14/2019 - 4 min read

Death by a thousand cuts: Why Lloyd’s underwriters need better data for attritional losses

Not understanding the quality of a risk can lead to poor attritional loss ratios, which is why it's paramount that Lloyd’s underwriters not lose out to poor-quality data.

11/6/2019 - 2 min read

Reconstruction cost growth steadies after slowing last year

Verisk recently released its latest 360Value® Quarterly Cost Update, which offers an overview of current reconstruction cost trends at the national and state/provincial levels for the United States and Canada from October 2018 to October 2019.

10/24/2019 - 1 min read

Ensuring coverage measures up by cost per square foot

Verisk is adding a useful new feature to the 360Value replacement cost estimating platform to help underwriters spot potentially undervalued homes.

7/15/2019 - 2 min read

Reconstruction cost growth continues at a steady rate

Verisk released its latest 360Value Quarterly Cost Update, reviewing national and state/provincial reconstruction cost trends for the U.S. and Canada.

4/23/2019 - 2 min read

Reconstruction cost increases show signs of flattening

Verisk recently released its latest 360Value® Quarterly Cost Update, which offers an overview of current reconstruction cost trends at the national and state/provincial levels for the United States and Canada from April 2018 to April 2019.

1/29/2019 - 1 min read

Reconstruction cost increases continue to slow

Verisk recently released its latest 360Value® Quarterly Cost Update, which offers an overview of current reconstruction cost trends at the national and state/provincial levels for the United States and Canada from January 2018 to January 2019.

11/1/2018 - 1 min read

Reconstruction cost increases slowing

Verisk recently released its latest 360Value® Quarterly Cost Update, which offers an overview of current reconstruction cost trends at the national and state/provincial levels for the United States and Canada from October 2017 to October 2018.

10/30/2018 - 2 min read

360Value: Breaking new ground, not the system

New and updated workflow solutions are great, except when they’re not. No two insurers’ workflows are exactly alike, and when an update is released or a new tool is under consideration, it may be just the right time for one insurer—but not for another.

9/27/2018 - 5 min read

California wildfires spark state insurance legislation

Recent record-breaking, destructive California wildfire seasons highlighted insurance issues that drove the introduction of over 17 bills during the 2017–2018 state legislative session.

7/24/2018 - 1 min read

Reconstruction cost increases leveling out

Verisk recently released its latest 360Value Quarterly Cost Update, which offers an overview of current reconstruction cost trends at the national and state/provincial levels for the United States and Canada from July 2017 to July 2018.

5/21/2018 - 1 min read

Reconstruction costs increase at highest rate since 2015

360Value® Quarterly Cost Update on reconstruction costs for the second quarter of 2018 offers an overview of current reconstruction cost trends at the national and state/provincial levels for the United States and Canada from April 1, 2017 to April 2018.