CoreLogic News

U.S. Flood Models Still in Infancy, So Underwriters Must Be ‘Cautious Consumers’

The market for privately written inland flood insurance in the United States is growing rapidly, but flood modeling is still in its infancy. As a result, underwriters need to be aware of the differences that exist among commercial flood models, …

The Hidden Force of a Hurricane (Infographic)

This post is part of a series sponsored by CoreLogic. Download and share this infographic here. To read more about the places at risk, read the CoreLogic 2018 Storm Surge Report.

CoreLogic: Texas, Louisiana Highly Vulnerable to Hurricane Storm Surge Losses

Texas and Louisiana are among the top three states for potential storm surge losses at the start of the 2018 hurricane season, which begins on June 1. That’s according to Irvine, California-based CoreLogic, a provider of global property information and …

Hawaii Insurance Commissioner Says Homes Destroyed by Kilauea Lava are Covered

Hawaii’s insurance commissioner has made it clear that homes destroyed or damaged in the recent lava flow into a Hawaii neighborhood are covered for the damage under homeowners insurance policies. Gordon Ito, who has been the state’s insurance commissioner since …

Why Agents Should Care About Underinsurance

This post is part of a series sponsored by CoreLogic. When it comes down to it, the biggest loser in a property that is underinsured is the homeowner who may not be able to rebuild their home to the way …

CoreLogic® Offers Unique Perspective to HayWired Earthquake Scenario in Conjunction with the United States Geological Survey (USGS)

This post is part of a series sponsored by CoreLogic. Situated along the eastern edge of the Pacific Ocean’s “Ring of Fire,” California is in the middle of earthquake country, and planning for the next one is crucial. The Hayward …

Five Things Homeowners Need to Know About Finished Basements

This post is part of a series sponsored by CoreLogic. 1. Does a Finished Basement Increase a Home’s Value? It depends on your definition of “value”. If we’re talking about market value—which is generally the price a buyer is willing …

The Impact of Getting ITV Wrong

This post is part of a series sponsored by CoreLogic. 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 …

CoreLogic Identifies Flood and Wildfire as the Two Most Destructive Natural Hazards in 2017

This post is part of a series sponsored by CoreLogic. Annual Natural Hazard Risk Summary and Analysis Details 2017 Natural Hazard Events CoreLogic® analyzes and evaluates the number and severity of natural hazard events that occur across the U.S. in …

Report: 86K-plus Homes at Some Risk Level in Southern California Wildfires

A total of 86,242 homes in Ventura and Los Angeles counties with a combined reconstruction cost value of $27.7 billion are at some level of risk from the Thomas, Rye and Creek Wildfires, according to a CoreLogic report issued on …