Since January 2017, overall reconstruction costs in the U.S. grew 5 percent, more than double the increase seen in 2016. Canada provinces also experienced significant…
Advances in geospatial and remote sensing technology offer insurers more ways to learn about properties and risks in greater detail than ever before.
At the U.S. national level, reconstruction costs spiked in the wake of Hurricanes Harvey and Irma, according to Verisk's 360Value® Quarterly Cost Update on reconstruction…
The 2017 U.S. hurricane season is just starting up, so it’s a good time to take a look at how demand surge could impact losses this year.
Verisk Insurance Solutions released its 360Value® Quarterly Cost Update on reconstruction costs for the third quarter of 2017. The report offers an overview of current…
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.
Verisk Insurance Solutions released its 360Value® Quarterly Cost Updates on reconstruction costs for the second quarter of 2017. The reports offer an overview of current…
Accuracy and speed are two pillars of successful property underwriting—and often the hardest to achieve. Insurers usually sacrifice one for the other, typically…
Northeast leads nation in reconstruction cost growth during housing recovery period spanning 2012-2016, analysis by Verisk of 360Value reconstruction cost data shows.
Verisk Insurance Solutions released its 360Value Quarterly Cost Updates on reconstruction costs for the first quarter of 2017. At the U.S. national level, reconstruction…
The Verisk Insurance Solutions' Visualize series examining reconstruction cost increases during the 2012–2016 housing recovery, takes a closer look at trends in the…
The Verisk Insurance Solutions' Visualize series examining reconstruction cost increases during the 2012–2016 housing recovery, takes a closer look at trends in the…
In this second installment of our continuing series examining reconstruction cost increases during the 2012–2016 national housing recovery, we examine activity in the…
Customers want service on their terms, and for homeowners insurance, that means developing a digital underwriting strategy with an online sales component.
Homeowners underwriting is at the precipice of a major evolution driven by demographic shifts, technological advances, and changes in customer expectations.