Personal Property
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.
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.
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.
Fighting wildfire with fire and fuel reduction
Wildfires need three things—conducive weather, a source of ignition, and a supply of fuel.
Growing wildfire exposure feeds need to grasp risk factors
A record 2018 wildfire season in California, with signals suggesting more of the same to come, is driving insurers to seek better risk assessment tools.
Reconstruction cost increases show signs of flattening
Verisk recently released its latest 360Value® Quarterly Cost Update, which offers an overview of current reconstruction cost trends at the national and state/provincial…
Reflections from the Camp Fire
In Paradise, California, after the historic Camp Fire, the sights were familiar to veterans of past fires but startling to visitors seeing a major wildfire scene for the…
Flooding on Russian River highlights a measurable exposure
The near-record flooding of Guerneville, California, from the overflowing the Russian River in late February was a remarkable but foreseeable event. Extensive data…
ISO releases new, updated national state building code report
ISO has released the 2019 National Building Code Assessment Report, detailing the status of the nation’s building codes, including assessments of participating states.
ISO recognized for commitment to disaster safety and resilience
Verisk's ISO business has received the Distinguished Service Award from the Federal Alliance for Safe Homes, Inc. (FLASH), a nonprofit organization that works to…
California wildfire destruction aligns with identified risks
Property destruction from the November 2018 Camp and Woolsey Fires in California shows a strong correlation with areas identified as at risk by FireLine®, Verisk’s…
Disruption of the polar vortex creates winter whiplash
A warming climate is producing warm extremes in all seasons, and in sharp contrast to the historical cold at the end of January, the first full week of February ushered…
P/C insurers report $4.7B net underwriting gain in nine-months 2018
The insurance industry performed well in nine-months 2018, helped by continued growth in premiums and investment income, according to an analysis by Verisk's ISO and the…
Reconstruction cost increases continue to slow
Verisk recently released its latest 360Value® Quarterly Cost Update, which offers an overview of current reconstruction cost trends at the national and state/provincial…
Hot in here: Why it’s getting harder to fight house fires
It’s important for insurers to understand advances in fire science and how they assess a community’s adaptation to evolving challenges in fire protection.