CoreLogic News

CoreLogic Shareholders Should Support Dissident Nominees for Board, Says ISS

Two investors pushing CoreLogic Inc. to explore a sale won partial support from a prominent shareholder advisory firm, which urged shareholders to support three of the dissident group’s nominees for the board. Institutional Shareholder Services Inc. said investors should elect …

CoreLogic Engaged in Takeover Talks With CoStar, Warburg

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 …

Catastrophe Risk Experts Estimate Up to $3B in U.S. Insured Losses from Delta

Two catastrophe risk and property data providers have estimated U.S. onshore insured losses from Hurricane Delta will come in at between $0.7 billion and $3 billion. Global property information, analytics and data provider CoreLogic reported that insured wind losses for …

Report: Nearly 2M Homes at Elevated Risk of Wildfire

Nearly 2 million homes, mostly in the Western U.S., with a rebuilding value of more than $638 billion are at an elevated risk of wildfire damage, a report out today shows. An annual wildfire report from data provider CoreLogic comes …

Using Building Codes and Property Characteristics to Keep up With 2020 Hurricane Season

This post is part of a series sponsored by CoreLogic. Though the COVID-19 pandemic is occupying most of our attention at the moment, hurricane season has begun and natural catastrophes never take a holiday. Forecasts for 2020 have projected higher …

CoreLogic in California Taps Noland to Lead Global Insurance Solutions Business

CoreLogic in Irvine, Calif. has named Mick Noland executive, general manager of insurance solutions. Noland will oversee all CoreLogic solutions for the global property insurance industry. Noland has more than 25 years of experience in the property/casualty industry. He has …

CoreLogic Calls Special Meeting on Takeover Bidders’ Candidates for Board

The board of directors of data and analytics firm CoreLogic (NYSE: CLGX) has called a special meeting of shareholders for November 17, 2020 to consider the replacement of up to nine directors with nominees chosen by the two firms looking …

CoreLogic Bidders Seek Shareholders’ Support to Replace Nine Directors

The investors seeking to take over CoreLogic Inc. plan to solicit support from fellow shareholders to replace nine directors, after the company rejected their $7 billion proposal to take it private. Cannae Holdings Inc. and Senator Investor Group previously said …

More than 14K Homes Vulnerable to Hanna’s Storm Surge, CoreLogic Says

CoreLogic has estimated that more than 14,000 homes were at risk of storm surge damage from Hurricane Hanna, which made landfall in South Texas on July 25. CoreLogic’s Coastal Storm Risk Score shows the number of homes at risk of …

CoreLogic Says It Will Only Open Its Books If Bidders Increase Takeover Offer

Property data and analytics firm CoreLogic Inc. said on Monday it would not open its books to investment firms Senator Investment Group LP and Cannae Holdings Inc. unless they raise their $7 billion offer to buy the company. Earlier in …