Insurance Underwriting

November 29, 2021

Three Ways Property Underwriting Risk Assessment Has Changed in 2021

The COVID-19 pandemic proved to be a major catalyst for change within the insurance industry. CoreLogic leads the pack with some of the best and most comprehensive reconstruction costs and prefill data.

September 9, 2021

6 Essential Qualities in Underwriting Construction Cost Data

As climate change continues to increase the severity and frequency of natural catastrophe events, it is more important than ever for insurers to make sure that the properties in their portfolio are insured to value.

July 1, 2021

3 Challenges Facing Insurers in Hazard Risk and How to Solve Them

Insurers need to effectively assess the hazard risk of individual policies, understand potential losses from catastrophic events and estimate losses properly after severe weather impacts on their portfolio.

April 12, 2021

Protecting Vulnerable Communities: Two Major Opportunities to Insur...

70% of Damage from Flooding is Uninsured Every one of the approximately 125 million occupied homes in the U.S. has some degree of risk of flooding. While over 7 million U.S. homes have the potential to flood from hurricane storm surge, over 10 million additional homes are exposed to flood ri...

April 7, 2021

How to Predict Fire Insurance Losses

Focus on Probability of Fire Instead of Proximity to Fire Departments With the coronavirus pandemic resulting in more Americans working, playing and schooling from home than ever before, many are now spending an additional 8.5 hours per day in their homes. And as college students and family membe...

March 30, 2021

How Underwriters Can Minimize the Coverage Gap

Climate Change Underscores Importance for Accurate Quoting With natural catastrophe events becoming more frequent and more severe, many insurers are looking for ways to ensure that their portfolios are properly covered. Total losses are on the rise, and coverage gaps can mean a higher potential f...

March 23, 2021

4 Ways for Insurers to Reduce Losses During Severe Storms

Managing Overall Loss Cost While Keeping Customer Satisfaction High BY PASCAL BEGIN AND SAUMI SHOKRAEE INSURANCE, NATURAL HAZARD With the nation grappling from a seemingly endless array of severe weather events like tornadoes, hail and extreme wind, it is more important than e...

September 24, 2020

2020 Insurance Coverage Adequacy Report

In this interactive map report, CoreLogic examines two use cases that identify opportunities for Insurers to offer flood insurance to underinsured homeowners at risk of flooding: Storm Surge Along Atlantic and Gulf Coast of US inside and outside Special Flood Hazard Areas (SFHA). Inland Flooding ...

May 26, 2020

The Top Four Challenges Facing the Property and Casualty Insurance ...

The insurance industry is one of the oldest industries in the world, dating back to the third and second millennia B.C. An industry with such deep roots in human civilization has thrived by continually transforming to changing circumstances. Still, the insurance business faces unique obstacles to...

July 2, 2018

The Impact of Getting Insurance to Values (ITV) Wrong

It’s About Protecting Homeowners and More Most people understand that the goal of a homeowner policy is to restore a home and possessions to the way they were should a natural or not-so natural disaster strike. If the coverage is too low, the homeowner may not have enough to fully cover the losse...