Personal Property
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
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.
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.
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%
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.
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.
Virtual inspections give insurers a leg up, down on the farm
From quote to renewal, a virtual inspections are a good option for insurers to account for risks while promoting safety and maintaining the workflow of a farm.
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.
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%.
Five emerging risk trends facing homeowners (and how we're addressing them)
Learn how a major update to the ISO Homeowners insurance program will address cannabis, drones, virtual currencies, and other new risks.
Building ’em like they used to: Insurance to value on older homes
Verisk’s 360Value® reconstruction cost estimating tool can help insurers maintain ITV for older homes that have more varied building materials and techniques.
From hayseed to hayride: How to address the risk exposures of the modern farm
How insurers can manage the evolving risk exposures on the modern farm--including the risks from agritainment/agritourism.
The COVID-19 journey for homeowners insurers: Building on lessons learned and new-normal strategies
Economic turmoil, lifestyle changes, and transitions to remote work amid the COVID-19 pandemic created a “new normal” for personal property insurance.
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.
Preparing for a growing peril: The age of the ‘gigafire’ has begun
As dramatic as the statistics surrounding the 2020 wildfire season were, the messages they carry and the questions they raise are even more critical to address.