Personal Property

6/13/2022 - 4 min read

Mastering the many aspects of roof condition with multisource data

Homeowners insurers may struggle to capture roof condition, but imagery analytics can help assess risk and opportunities for mitigation.

5/25/2022 - 2 min read

Evolving exposure: Lessons from the 2021 wildfire season

In our newest wildfire report, we take the measure of another year of record-setting wildfires

5/18/2022 - 3 min read

Hail in Southern California: Making sense of hail’s changing geography

Hail is spreading out into new regions of the country that aren’t traditionally exposed to hail risk.

5/17/2022 - 2 min read

Capturing the flavors of roof risk with reliable data

Multiple homeowners insurers sought solutions to challenges around roof risk, and Verisk has created case studies to follow their journeys.

5/16/2022 - 2 min read

How can changes in home ownership and occupancy create hidden risks?

Knowing a property's history, including changes in ownership and occupancy, is essential to paint a vivid picture of a property's condition.

5/6/2022 - 2 min read

Capture insurance to value at renewal for personal property

With renovations increasing rapidly, the pressure to monitor property changes has increased to promote premium and ITV alignment.

4/27/2022 - 2 min read

Three renovation trends that are important for insurers to monitor

By uncovering property change events during the policy life cycle, insurers can better understand their book of business.

4/19/2022 - 3 min read

Inflation lifts reconstruction costs as fuel prices boost volatility

Verisk's 360Value® Quarterly Reconstruction Cost Analysis shows materials and labor prices rose 13.5 percent from April 2021 to April 2022

4/11/2022 - 5 min read

Big data challenges to enterprise risk management

Big data is critical to managing enterprisewide risk, but storing, managing, and processing it all poses significant challenges.

4/7/2022 - 4 min read

Reliable prefill data helps boost homeowners underwriting confidently

SmartSource in 360Value gives personal property insurers the current and comprehensive data they need to underwrite with confidence.

4/5/2022 - 4 min read

Shining a light on solar panels and homeowners insurance

Demand for green power brings risk considerations for homeowners insurers, as solar panels can sustain storm damage and pose fire hazards.

4/1/2022 - 4 min read

Insuring second homes in a growing second home market

In a world where remote work is becoming more common, insuring second homes involves new considerations.

3/31/2022 - 1 min read

Personal lines insurance quoting can be a smoother journey—no kidding

Personal lines insurers seek fast quoting for better customer experiences (CX), but they also need rigorous cost and underwriting controls.

3/28/2022 - 2 min read

Four things insurers need to know about 2021's hailstorms

More than 6.8 million properties were affected by one or more damaging hailstorms, a nearly 10 percent increase from 2020

3/22/2022 - 4 min read

Navigating Florida’s complex market with extensive, current roof data

Homeowners insurers and their customers in Florida are navigating a turbulent market, and roof coverage figures prominently in the turmoil.