Total U.S. reconstruction costs, including materials and retail labor, rose 7.2 percent in the year-over-year period ending January 2022.
Learn about updates to ISO insurance programs and underwriting solutions for 2021 and what's in store for 2022.
It’s common for many insurers to measure underwriting success based on past performance. But a key question is—how are you doing relative to the rest of the industry?
Supply-chain issues, labor shortages, and high demand for building resources are complicating factors as homeowners insurers head into 2022.
Knowing how much contents cover is appropriate in a home policy is a challenging endeavour for both insurers and their customers.
For insurers, validating correct lienholder information on loss payable and mortgagee clauses can be a long and cumbersome process.
As insurers’ interest in artificial intelligence (AI) grows, we must not only embrace its immense capabilities but also work to mitigate its potential risks.
When confronting the sewer backup peril, understanding both coverage & related weather factors can help you better understand and account for your policyholders' exposure
The latest 360Value® Reconstruction Cost Analysis shows that lumber price volatility is slowing the overall pace of growth.
Fully understanding the peril of wildfire and the primary risk factors involved is crucial to accurate property underwriting. FireLine® Risk Reports can help keep you…
The Caldor Fire in California and Nevada is the second known instance—both occurring in 2021—of a wildfire crossing the Sierra Nevada.
Property insurance underwriters relying on up-to-date cost data to cope with higher reconstruction estimates amid lumber's price volatility.
The upcoming reforms have caused many insurers to re-evaluate their approaches to pricing home and motor policies.
Massive wildfires continued to burn in Oregon and California, feeding on fuels dried by prolonged drought and weather conditions that promoted their spread
People spending more time at home seemed to ultimately help many insurers, as loss frequency declined in 2020 year over year across several categories.