Personal Property

8/24/2021 - 3 min read

How can home and motor insurers adapt to looming FCA reforms?

The upcoming reforms have caused many insurers to re-evaluate their approaches to pricing home and motor policies.

8/2/2021 - 3 min read

Wildfire season turns explosive with Bootleg, Dixie fires

Massive wildfires continued to burn in Oregon and California, feeding on fuels dried by prolonged drought and weather conditions that promoted their spread

8/2/2021 - 5 min read

The big build: How a rise in renovations may affect property insurance

People spending more time at home seemed to ultimately help many insurers, as loss frequency declined in 2020 year over year across several categories.

7/29/2021 - 1 min read

Finding local replacement cost estimates is usually no laughing matter

The comic strip is part of our new Laugh Ratios series, highlighting Verisk’s 360Value solutions, which provide reliable replacement cost estimates.

7/22/2021 - 2 min read

Reconstruction costs rise sharply, boosted by historic surge in lumber prices

Total reconstruction costs rose 16.7% in the second quarter of 2021, with lumber up 162.7%

7/12/2021 - 3 min read

Seeking new paths to cost efficiency in underwriting reports

Underwriting expenses can force auto and property insurers to choose between high costs that drain profitability and incomplete risk data.

6/24/2021 - 2 min read

Stronger underwriting-claims link is boon to residential property insurance

Verisk is giving insurers a new way to discover if their replacement cost estimates need updating.

6/22/2021 - 1 min read

Virtual inspections give insurers a leg up, down on the farm

From quote to renewal, a virtual inspections are a good option for insurers to account for risks while promoting safety and maintaining the workflow of a farm.

5/7/2021 - 2 min read

How the hail hazard is affecting property insurance

Confronting hail risk means having an informed strategy and effective tools backed by advanced technology and analytics.

4/27/2021 - 2 min read

Building activity drives rise in reconstruction costs, with lumber leading the way

Total U.S. reconstruction costs continued to rise in Q2 2021, according to Verisk, with lumber costs soaring a historic 84.71%.

4/26/2021 - 4 min read

Five emerging risk trends facing homeowners (and how we're addressing them)

Learn how a major update to the ISO Homeowners insurance program will address cannabis, drones, virtual currencies, and other new risks.

4/13/2021 - 3 min read

Building ’em like they used to: Insurance to value on older homes

Verisk’s 360Value® reconstruction cost estimating tool can help insurers maintain ITV for older homes that have more varied building materials and techniques.

3/26/2021 - 3 min read

From hayseed to hayride: How to address the risk exposures of the modern farm

How insurers can manage the evolving risk exposures on the modern farm--including the risks from agritainment/agritourism.

3/22/2021 - 8 min read

The COVID-19 journey for homeowners insurers: Building on lessons learned and new-normal strategies

Economic turmoil, lifestyle changes, and transitions to remote work amid the COVID-19 pandemic created a “new normal” for personal property insurance.

3/12/2021 - 4 min read

How a commercial lines insurance company accelerated employee training with ISO Education

Learn how one insurer saved a year's worth of work with the ISO Education Knowledge Sharing program for employee training.