November 15, 2016
This post is part of a series sponsored by CoreLogic. Recent changes in earthquake hazard science in California are transforming the way we think about managing earthquake risk. The Uniform California Earthquake Rupture Forecast (UCERF) is a multi-year project by …
November 8, 2016
This post is part of a series sponsored by CoreLogic. Trajectory Shows Fewer Fires and Fewer Total Acres Burned in 2016 In 2015, the amount of area consumed by wildfires in the U.S. topped 10 million acres for the first …
October 7, 2016
Millions of people in the U.S. southeast were ordered to flee as Hurricane Matthew, set to become the strongest storm to hit the country since 2005, headed toward Florida’s East Coast after leaving hundreds dead in Haiti. The storm was …
September 7, 2016
This post is part of a series sponsored by CoreLogic. We have all seen the dramatic pictures of destruction and loss after a devastating flood event. Usually, the scene is depicted as a sea of water inundating broad areas of …
August 30, 2016
New data analysis released by CoreLogic indicates that in Louisiana’s 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 …
August 3, 2016
This post is part of a series sponsored by CoreLogic. Reconstruction cost, not market value or assessed value, is used by insurers to determine homeowner’s coverage limits and is an important factor in determining a policy’s premium. Because of the …
July 12, 2016
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 from hail events this year …
July 11, 2016
This post is part of a series sponsored by CoreLogic. Because the reconstruction cost to rebuild a home is generally higher than the original cost to build that same home, the topic often leads to difficult conversations between the insurance …
June 1, 2016
This post is part of a series sponsored by CoreLogic. Total Reconstruction Cost Value is More Than $1.5 Trillion Current projections for the 2016 hurricane season indicate that an average or slightly greater-than-average number of storms are expected compared with …
June 1, 2016
More than 6.8 million homes on the Atlantic and Gulf coasts are in danger of hurricane storm surge damage. The total cost for reconstruction of the homes located in 19 states and the District of Columbia is more than $1.5 …