Things haven’t gone as bad as they could have so far in 2016 coming off last year’s record-setting wildfire season in the Western U.S., according to a report out today detailing wildfire risks to properties in the Western U.S. The …
Experts estimate insured losses from Matthew, the second major hurricane of 2016, to range between $6 and $10 billion. Fitch Ratings estimates that if the storm results in insured losses in excess of $10 billion, a greater proportion of losses …
New data analysis released by CoreLogic indicates that in the Orleans Parish, which encompasses the city of New Orleans, nearly 60,000 homes with a reconstruction cost value of more than $12 billion will no longer be located in a designated …
The recent release of Federal Aviation Administration (FAA) rules for drones weighing less than 55 pounds will allow drones to be used in more commercial applications, like during claims inspections of individual homes. Susan Williams, content strategist with CoreLogic, discussed …
According to new data released by CoreLogic, the 2016 hail season is already one of the most severe in Texas history, with year-to-date results reaching the nine-year average for U.S. hail storm damage. Estimated losses in Fort Worth, Plano, Wylie …
Prime P&C Casualty Insurance Enters Florida Commercial Auto Market Prime Property and Casualty Insurance Inc. (PPCI) has entered the Florida commercial auto market as an admitted carrier specializing in insurance services for distressed and substandard risks. PPCI offers the capacity …
More than 6.8 million homes located on the Atlantic and Gulf coasts are in danger of hurricane storm surge damage, according CoreLogic’s latest storm surge report. The total cost for reconstruction of the homes located in 19 states and the …
A downward trend in U.S. natural hazard events in 2015 resulted in decreased damage and loss totals for the year, according to the latest CoreLogic Natural Hazard Risk Summary and Analysis report. The annual report noted that despite the reduction …
Jackson, Miss., is the windiest city in the nation, according to new data released by CoreLogic. Springfield, Mo., Boston and Cambridge, Mass., followed by Shreveport, La., rounded out the top five windiest cities. The CoreLogic Windy City Ranking provides a …
A pair of massive California wildfires that have destroyed more than 2,000 structures are now considered among the most damaging fires in state history, and they could change the way insurers view risk or conduct underwriting in rural areas in …