360Value
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.
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.
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…
Death by a thousand cuts: Why Lloyd’s underwriters need better data for attritional losses
Not understanding the true nature or 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…
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…
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.
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.
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…
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…
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…
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…
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…
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…
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…
Faster property insurance quoting driven by data
Consumer expectations are rapidly changing, and insurers are constantly being challenged to improve their customer experience. But making quick underwriting decisions…