Homeowners Underwriting

3/16/2022 - 1 min read

Can’t see all of the property risks? You could be headed for a fall

Unverified property information is an ever-present pitfall for many insurers; mobile virtual inspection technology can help.

3/7/2022 - 1 min read

Using a data ecosystem to capture impacts of Colorado’s Marshall Fire

A new Verisk wildfire case study breaks down the data suite used to evaluate the aftermath of the recent Marshall Fire in Colorado.

3/2/2022 - 3 min read

Automating more homeowners quotes via efficient, reliable underwriting

Automated underwriting can help homeowners insurers be thorough, consistent, and fast with timely, actionable data and analytics.

2/25/2022 - 1 min read

A new era for the ISO Homeowners Insurance Policy Program in Virginia

What insurers need to know about the new ISO Homeowners Policy Program filing in Virginia for 2022.

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.

2022 Economic Shifts For Homeowner Insurers

12/9/2021 - 5 min read

Economic shifts shape the unfolding journey for homeowners insurers

Supply-chain issues, labor shortages, and high demand for building resources are complicating factors as homeowners insurers head into 2022.

10/25/2021 - 3 min read

Sewer backup: Paddling into flood insurance insights

When confronting the sewer backup peril, understanding both coverage & related weather factors can help you better understand and account for your policyholders' exposure

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.

8/30/2021 - 5 min read

Current cost estimates key to manage lumber’s ‘demand surge’

Property insurance underwriters relying on up-to-date cost data to cope with higher reconstruction estimates amid lumber's price volatility.

8/2/2021 - 3 min read

Wildfire season turns explosive with Bootleg, Dixie fires

Massive wildfires continued to burn in Oregon and California, feeding on fuels dried by prolonged drought and weather conditions that promoted their spread

8/2/2021 - 5 min read

The big build: How a rise in renovations may affect property insurance

People spending more time at home seemed to ultimately help many insurers, as loss frequency declined in 2020 year over year across several categories.

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%

7/12/2021 - 3 min read

Seeking new paths to cost efficiency in underwriting reports

Underwriting expenses can force auto and property insurers to choose between high costs that drain profitability and incomplete risk data.

6/24/2021 - 2 min read

Stronger underwriting-claims link is boon to residential property insurance

Verisk is giving insurers a new way to discover if their replacement cost estimates need updating.