Personal Property

12/9/2019 - 1 min read

Simplifying home inspection for customers with OneXperience™

OneXperience from Verisk is a new InsurTech home inspection solution to help insurers quickly and efficiently gather accurate, current property risk data.

12/5/2019 - 3 min read

Wildfires Drive California Maintenance Higher

California housing activity experiences notable growth in wildfire-impacted regions. Verisk analyzes increases in housing activity in these areas.

11/14/2019 - 4 min read

Death by a thousand cuts: Why Lloyd’s underwriters need better data for attritional losses

Not understanding the quality of a risk can lead to poor attritional loss ratios, which is why it's paramount that Lloyd’s underwriters not lose out to poor-quality data.

11/6/2019 - 2 min read

Reconstruction cost growth steadies after slowing last year

Verisk recently released its latest 360Value® Quarterly Cost Update, which offers an overview of current reconstruction cost trends at the national and state/provincial levels for the United States and Canada from October 2018 to October 2019.

10/30/2019 - 3 min read

Kincade, Tick, and Getty Fires spread damage in California

Three major wildfires caused damage and widespread evacuations in California. Verisk has preliminary analysis of the risk distribution in affected ZIP codes.

10/30/2019 - 5 min read

Subsidence, heave, and other risks beneath: Why insurers can’t rely on just one data source

By developing rating plan for subsidence and other ground movement risk, insurers can rate policies more accurately, increase market share, reduce loss ratios, and lower combined ratios.

10/24/2019 - 1 min read

Ensuring coverage measures up by cost per square foot

Verisk is adding a useful new feature to the 360Value replacement cost estimating platform to help underwriters spot potentially undervalued homes.

9/16/2019 - 2 min read

Verisk 2019 wildfire risk analysis highlights evolving peril

Verisk’s 2019 wildfire risk analysis shows ongoing elevated activity in the western United States and Canada, backed by data from Verisk’s FireLine tool.

9/13/2019 - 2 min read

Pursuing peace and quiet in third-party notifications

Lienholder and additional interest notifications, returned mail, producer notifications, and escrow invoices can move faster if insurers have the right tools.

9/11/2019 - 2 min read

Walker, Red Bank incidents lead California wildfire surge

Wildfire activity is intensifying in the western United States, including the Walker and Red Bank fires in California. Verisk FireLine is guiding analysis.

8/30/2019 - 1 min read

Firefighters gain ground on Wyoming’s Pedro Mountain Fire

The Pedro Mountain Fire surpassed 12,000 acres and destroyed four structures in Wyoming; Verisk’s FireLine wildfire risk management tool is guiding analysis.

8/22/2019 - 2 min read

Private personal flood market whips up a wave of opportunity

Private personal flood insurance market has new tools and data to support a comeback—and substantial, measurable potential for insurers that are ready to make strategic moves.

8/13/2019 - 2 min read

Museum Fire scars national parkland near Flagstaff, Arizona

The Museum Fire consumed nearly 2,000 acres in the area of Arizona’s Coconino National Forest. Verisk’s FireLine guided the analysis of wildfire risk factors.

7/18/2019 - 4 min read

Life insurance fraud: A holistic claims view key to detection

Life insurers can face a myriad of challenges today. Some of those issues have plagued the industry for years—such as stagnant premium growth and low interest rates—while others are new—like changing customer expectations and disruptive innovations such as on-demand policies and selfie underwriting (yes, that’s a thing).

7/15/2019 - 2 min read

Reconstruction cost growth continues at a steady rate

Verisk released its latest 360Value Quarterly Cost Update, reviewing national and state/provincial reconstruction cost trends for the U.S. and Canada.