The Apple Fire prompted evacuations as it burned a portion of California’s Riverside County where 98 percent of the area was at high or extreme wildfire risk.
The COVID-19 pandemic has slowed new residential construction, and property/casualty insurers are likely to see a similar trend in new business submissions.
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.
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.
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.
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.
Wildfires threatened communities and forced evacuations in Utah in late June, destroying and damaging properties. Verisk’s FireLine is guiding risk analysis.
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.
OneXperience for personal and commercial lines can transform property inspection workflows with valuation tools, property characteristics, and aerial imagery.
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.