Wind and storm-surge losses from Hurricane Ian could reach as $47 billion in Florida alone, a figure made larger by inflation and rising interest rates, the property analytics firm CoreLogic said in a new analysis. “This is the costliest Florida …
New York, Miami, Tampa, and New Orleans are the metro areas with the most single-family homes at risk of heavy damage from storm surge during hurricanes, according to a report released by CoreLogic, a property data analytics firm. Using housing …
Newly released data from CoreLogic show the Coastal Fire in California has burned at least 20 homes in the Orange County community of Laguna Niguel. The estimated reconstruction cost value is $530 million for the area presently threatened by the …
Climate change could result in the financial toll of flooding rising by more than a quarter in the U.S. by 2050, according to new research. The research, led by the University of Bristol and published in Nature Climate Change, also …
AXA XL Insurance Appoints Takigawa as Head of Commercial E&O, Americas AXA XL Insurance has named Michael Takigawa as the head of Commercial Errors & Omissions for the Americas region. Based in San Francisco and Monterey, Calif, Takigawa will oversee …
Property data firm CoreLogic said it has closed on its acquisition of Next Gear Solutions, a digital workflow platform for the property restoration industry. Next Gear Solutions, headquartered in Oxford, Miss., offers a cloud-based suite of products, including DASH, SettleAssist …
This post is part of a series sponsored by CoreLogic. The New Paradigm of Climate-Conscious Insurance As climate change alters the atmosphere and increases the frequency and severity of natural catastrophes, insurers must adapt to a shifting environment and industry …
When Tom Larsen thinks of the Dixie Fire in Northern California, he thinks about better modeling. Larsen, the senior director for content strategy for catastrophe modeler CoreLogic Inc., pointed to some grim facts about the ongoing Dixie blaze: It’s already …
Like death and taxes, the annual hurricane season can be counted on as a sure thing. The number and intensity of named storms may vary each year, as well as where they occur and whether or not they make landfall. …
Severe drought and searing temperatures are not the only proof that Californians should be worried about wildfires this year. A glaring piece of evidence that there’s ample cause for concern is this: those who will be on the hook for …
