Joel Teemant

10/19/2022 - 3 min read

Hurricane Ian and other pressures drive uptick in reconstruction costs

Total reconstruction costs, including materials and retail labor, increased by 9.3% from October 2021 to October 2022.

8/31/2022 - 3 min read

Stay ahead of volatile replacement costs to support insurance-to-value

Enhance ITV at bind and renewal with 360Value for Commercial Property, which includes monthly price updates based on localized claims.

7/15/2022 - 3 min read

Reconstruction cost rise slows—but from historic peaks

Verisk's 360Value Quarterly Reconstruction Cost Analysis shows materials and labor prices rose 3 percent from July 2021 to July 2022.

6/24/2022 - 3 min read

Integration without disruption: Simpler reconstruction cost estimates

Property insurers can move to simplify quoting workflows in a digital-first strategy with fast, reliable reconstruction cost estimates.

4/19/2022 - 3 min read

Inflation lifts reconstruction costs as fuel prices boost volatility

Verisk's 360Value® Quarterly Reconstruction Cost Analysis shows materials and labor prices rose 13.5 percent from April 2021 to April 2022

3/9/2022 - 6 min read

Three strategies for reliable commercial property valuations

Enhance ITV with 360Value for Commercial Property, which includes monthly price updates and an a pioneering method for estimating contents.

1/19/2022 - 4 min read

Reconstruction prices rise moderately amid demand for materials, labor

Total U.S. reconstruction costs, including materials and retail labor, rose 7.2 percent in the year-over-year period ending January 2022.

10/20/2021 - 3 min read

Reconstruction costs rise slowly as lumber shows increasing volatility

The latest 360Value® Reconstruction Cost Analysis shows that lumber price volatility is slowing the overall pace of growth.

7/29/2021 - 1 min read

Finding local replacement cost estimates is usually no laughing matter

The comic strip is part of our new Laugh Ratios series, highlighting Verisk’s 360Value solutions, which provide reliable replacement cost estimates.

7/22/2021 - 2 min read

Reconstruction costs rise sharply, boosted by historic surge in lumber prices

Total reconstruction costs rose 16.7% in the second quarter of 2021, with lumber up 162.7%

5/26/2021 - 2 min read

Double-checking made easy: Commercial property underwriters can now access verified replacement cost estimates on demand

A new, customer-focused purchase option gives ProMetrix users the power to order 360Value commercial property replacement cost estimates on demand.

4/27/2021 - 2 min read

Building activity drives rise in reconstruction costs, with lumber leading the way

Total U.S. reconstruction costs continued to rise in Q2 2021, according to Verisk, with lumber costs soaring a historic 84.71%.

6/13/2017 - 2 min read

Manage roof risk: 360Value Roof Actual Cash Value

Verisk has facilitated insurers’ ability to manage roof risk with 360Value Roof Actual Cash Value (ACV), a tool for estimating a roof’s actual cash value.

11/9/2015 - 3 min read

Calculating alternative energy options in 360Value