In case you forgot, the year that just passed brought an unprecedented number of catastrophes — not to mention COVID-19. Three insurance industry reports issued this week chronicle just how bad 2020 was for property insurers. CoreLogic released a chronology …
CoreLogic Inc. is in discussions with CoStar Group Inc. and a consortium consisting of Warburg Pincus and GTCR about a potential takeover, valuing the company at more than $80 a share, according to a person familiar with the matter. CoStar …
Hurricane Delta caused from $700 million $1.2 billion in insured losses from wind damage and storm surge, and an additional $800 million to $1.5 billion in losses to offshore structures, CoreLogic said Tuesday. The damage is far less than estimated …
Although Hurricane Laura was the strongest cyclone to strike Louisiana since 1856, damages were limited because it made landfall in a relatively sparsely populated area and the highest winds were confined to a narrow band around the eye of the …
Hurricane Hanna spared insurers potential massive losses by making a landfall Saturday on a rural area of the Texas coast, in a state where residential properties receive relatively little protection from modern building codes. Hurricane Douglas similarly averted disaster in …
NEW YORK, Jan 14 — A climate research organization will offer access to a risk model that predicts the probability of flooding for homes across the United States, giving the public a look at the data institutional investors use to …
Technology — both its promise and its alleged abuse — was a key component of the most important news stories for claims professionals in 2019. Several insurers introduced new technical innovations to their claims processes during the year. At the …
CoreLogic Integrates Hover with Underwriting Platform CoreLogic has integrated Hover’s three-dimensional property measurement tool into is Underwriting Center platform for insurance clients. The use of Hover will allow carriers and inspection companies to better manage inspection expenses, while allowing policyholders …
CoreLogic Teams Up with Geospatial Insurance Consortium CoreLogic has integrated aerial imagery provided by the Geospatial Insurance Consortium into its underwriting platform, the Irvine, California-based analytics provider said in a press release. The GIC is a nonprofit organization sponsored by …
This post is part of series sponsored by CoreLogic | Symbility. As technology advances and becomes more available to a wider audience, we tend to analyze how that tech advancement can benefit us, our clients, and our client’s clients. Computers …