Personal Property

To help insurers navigate the increasing complexity in the market, Verisk has developed the Market Expectations Index for 360Value.

Insuring Agritainment: Evolving solutions for a 200-year-old business

A new law is expected to have a far-reaching impact on the Florida insurance market.

Insurers must explore changes affecting their risk portfolio and leverage component- and property-level insights to help them maintain ITV.

As climate change unfolds, hurricanes give a high-profile glimpse into the potential effects of a warming world.

Current and curated data about a structure’s age, square footage, and use are the backbone of reliable reconstruction cost estimates (RCEs).

Total reconstruction costs increased 4.3% from July 2022 to July 2023. This uptick follows the 3.1% increase from April 2022 to April 2023.

As e-bikes become more popular, there are increasing concerns insurers must consider.

Market value and reconstruction cost estimates are unique measures subject to different forces; only RCEs should be used for coverage.

Wildfires have moved rapidly to the fore as an exposure for insurers to understand and manage in states at high risk for this peril.

Despite mitigation measures, natural hazards may still cause damage, and insurers need actionable data to guide underwriting and pricing.

From estimating to calculating: Predictive modeling and machine learning remove the guesswork from evaluations.

Determining or verifying key risk characteristics of insured property or vehicles can be costly, labor-intensive, and time-consuming.

Total reconstruction costs, including materials and labor, increased 3.1% from April 2022 to 2023. Costs continue to slow down and steady.

Severe thunderstorms are a common natural phenomenon in the US, causing more than half of annual reported insured losses since 1985.