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Personal Property

360value Reconstrucion Costs
November 6, 2019

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…

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October 30, 2019

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.

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October 30, 2019

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…

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October 24, 2019

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.

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September 16, 2019

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.

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September 13, 2019

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.

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September 11, 2019

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.

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August 30, 2019

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.

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August 22, 2019

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…

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August 13, 2019

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.

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July 18, 2019

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…

360value Reconstrucion Costs
July 15, 2019

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.

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June 25, 2019

Constant innovation keeps insurers ahead of wildfire risk

Assessing wildfire risk to properties takes deep, diverse data, plus sophisticated analytics and scientific methods in an ecosystem of constant innovation.

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June 5, 2019

ISO readies filings in response to Florida AOB reforms

ISO is developing revisions to Florida property insurance forms and rating factors in light of a new law addressing costly issues with assignment of benefits.

Landsat Image Of The Chuckegg Creek Fire
May 31, 2019

Winds steer Alberta’s Chuckegg Creek Fire away from town

FireLine, Verisk’s wildfire risk management tool, is guiding analysis of risk factors within the perimeter of the Chuckegg Creek Fire in Alberta, Canada.