Homeowners Underwriting

7/27/2020 - 4 min read

Why data management must be a top priority for insurance mergers and acquisitions

Properly managing data is a daunting task when two carriers merge. Virtually every part of the policy lifecycle depends on it getting done right.

7/22/2020 - 3 min read

Residential construction activity: An important indicator points the way for new business growth

The COVID-19 pandemic has slowed new residential construction, and property/casualty insurers are likely to see a similar trend in new business submissions.

7/21/2020 - 2 min read

Covering the buried peril of underground utility lines

ISO has launched a homeowners insurance coverage option for damage to underground utilities, which can be expensive to fix or replace and cause costly damage.

Is20031 Fireline 2020 Visualize 1000x667 V1

7/20/2020 - 2 min read

Verisk 2020 wildfire risk analysis keeps pace with growing threat

With wildfire activity off to a quick start in 2020, Verisk’s latest FireLine® Risk Reports are now available to provide timely data on wildfire exposure.

7/17/2020 - 2 min read

Reconstruction costs continue to rise in U.S., Canada

Total reconstruction costs, including materials and retail labor, increased 4.8% at the national level in the United States from July 2019 to July 2020.

7/9/2020 - 2 min read

Data helps unmask hail risk, a volatile peril with potentially hidden consequences

A new Verisk white paper, U.S. Hail Damage Insights, examines key topics and data for insurers concerning hail, which can cause damage that goes undetected.

7/8/2020 - 4 min read

ISO Impact: How Verisk Core Line Services can help improve your insurance I.Q.

Learn about all the insurance education resources at your disposal when you become a Core Line Services member.

7/1/2020 - 3 min read

Burst of wildfire activity threatens multiple Utah communities

Wildfires threatened communities and forced evacuations in Utah in late June, destroying and damaging properties. Verisk’s FireLine is guiding risk analysis.

6/16/2020 - 2 min read

Crews battle fast-moving Bighorn, Mangum, and Bush fires as Arizona sees early start to activity

As the Bighorn Fire in Arizona grows rapidly near Tucson, Verisk’s FireLine wildfire risk management tool guides analysis of risk factors in the fire area.

6/4/2020 - 2 min read

More prefill data to accelerate and improve personal property underwriting

Property insurance prefill gets easier with 19 million more addresses added to SmartSource® in 360Value®, Verisk’s replacement cost estimate tool.

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 - 4 min read

Moving forward in the age of COVID-19: Personal lines strategies for the “new normal”

How personal lines insurance carriers can adjust to the new challenges presented by the COVID-19 pandemic.

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.

5/27/2020 - 1 min read

Analyzing 2019 wildfire damage and property exposure

A new Verisk white paper, "Wildfire Risk Insight: An analysis of property exposure and wildfire damage in 2019," examines wildfire from multiple angles.

5/18/2020 - 4 min read

Storms Ciara, Dennis, and Jorge reinforce need for robust models

With storms Ciara, Dennis, and Jorge all contributing to the wettest February on record, it’s a sensible time for insurers to test whether their perils models are fit for purpose.