Personal Property
Covering the buried peril of underground utility lines
ISO has launched a homeowners insurance coverage option for damage to underground utilities, which can be expensive to fix or replace and cause costly damage.
Verisk 2020 wildfire risk analysis keeps pace with growing threat
With wildfire activity off to a quick start in 2020, Verisk’s latest FireLine® Risk Reports are now available to provide timely data on wildfire exposure.
Reconstruction costs continue to rise in U.S., Canada
Total reconstruction costs, including materials and retail labor, increased 4.8% at the national level in the United States from July 2019 to July 2020.
Data helps unmask hail risk, a volatile peril with potentially hidden consequences
A new Verisk white paper, U.S. Hail Damage Insights, examines key topics and data for insurers concerning hail, which can cause damage that goes undetected.
Burst of wildfire activity threatens multiple Utah communities
Wildfires threatened communities and forced evacuations in Utah in late June, destroying and damaging properties. Verisk’s FireLine is guiding risk analysis.
Crews battle fast-moving Bighorn, Mangum, and Bush fires as Arizona sees early start to activity
As the Bighorn Fire in Arizona grows rapidly near Tucson, Verisk’s FireLine wildfire risk management tool guides analysis of risk factors in the fire area.
More prefill data to accelerate and improve personal property underwriting
Property insurance prefill gets easier with 19 million more addresses added to SmartSource® in 360Value®, Verisk’s replacement cost estimate tool.
Recent integrations make OneXperience the leader in comprehensive virtual property inspection
OneXperience for personal and commercial lines can transform property inspection workflows with valuation tools, property characteristics, and aerial imagery.
Moving forward in the age of COVID-19: Personal lines strategies for the “new normal”
How personal lines insurance carriers can adjust to the new challenges presented by the COVID-19 pandemic.
Reconstruction costs tick upward as pandemic unfolds
Reconstruction costs continue to rise in the second quarter of 2020, based on interim data extracted to identify short-term impacts of the COVID-19 pandemic.
Analyzing 2019 wildfire damage and property exposure
A new Verisk white paper, "Wildfire Risk Insight: An analysis of property exposure and wildfire damage in 2019," examines wildfire from multiple angles.
Storms Ciara, Dennis, and Jorge reinforce need for robust models
With storms Ciara, Dennis, and Jorge all contributing to the wettest February on record, it’s a sensible time for insurers to test whether their perils models are fit for…
Rethinking risk: The potential impacts of COVID-19 for personal and commercial lines loss costs
With much of the country closed for business due to COVID-19, many insurers face the question: How have these changes in activity affected insured risks?
New tools translate to higher lender/insurer efficiency
Verisk is rolling out CV-VaaS (Verification as a Service) to connect key information between lenders and insurers via a new contributory database.
The nuances of fire station type in predicting future losses
A new Verisk study shows how fire station type fares in predicting fire loss, alone and in combination with ISO’s Public Protection Classification (PPC).