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Commercial Property

360value Reconstrucion Costs
July 22, 2021

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%

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July 15, 2021

How to find reliable data in the Lloyd’s Market

Reliable data is an indispensable resource for actuaries, whether they are novices or seasoned practitioners.

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May 26, 2021

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.

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May 20, 2021

Dynamic duo: Pairing skilled survey professionals with virtual technology is transforming commercial property inspections

The OneXperience Virtual Survey Service combines the rigor of an on-site inspection by a skilled field representative with the convenience of a virtual inspection.

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May 11, 2021

Robust data and analytics are fast-tracking small commercial underwriting

Harnessing unstructured data introduces more data points, granular information, and timeliness to help insurers underwrite with greater speed and accuracy.

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May 10, 2021

Three reasons to be optimistic about commercial lines in 2021

Several bright spots suggest that for many commercial lines, there's no reason to bring a negative attitude into 2021.

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May 7, 2021

How the hail hazard is affecting property insurance

Confronting hail risk means having an informed strategy and effective tools backed by advanced technology and analytics.

360value Reconstrucion Costs
April 27, 2021

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%.

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March 12, 2021

How a commercial lines insurance company accelerated employee training with ISO Education

Learn how one insurer saved a year's worth of work with the ISO Education Knowledge Sharing program for employee training.

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January 27, 2021

ProMetrix substantially enhances database: Core attributes now available on 12.2 million commercial properties

ProMetrix now includes CSP codes, ISO construction class, year built, number of stories, and square footage for 12.2 million commercial properties for a 100 percent hit…

360value Reconstrucion Costs
January 20, 2021

Pandemic-driven demand increases in lumber markets send reconstruction costs soaring

Total reconstruction costs increased sharply again at the national level in the United States and Canada, according to the latest data from Verisk’s 360Value.

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January 19, 2021

How Verisk is helping insurers tailor cannabis coverage for a growing market

Learn about new ISO insurance policy forms and updates addressing cannabis-related liability exposures.

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December 23, 2020

FEMA study shows stringent building codes save billions in losses from natural disasters

ISO's Building Code Effectiveness Grading Schedule (BCEGS) was among the key sources for a FEMA study that demonstrated that building codes reduce financial losses in…

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November 16, 2020

Why this holiday sales season could be a blockbuster—for cyber risks

What insurers should know about the cyber risks of e-commerce this holiday season.

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November 12, 2020

A record year for civil unrest in the United States

What insurance companies need to know about U.S. civil unrest trends in 2020 and beyond.

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