CoreLogic News

U.S. Flood Risk Model to be Publicly Available in Boon for Homebuyers

NEW YORK, Jan 14 — A climate research organization will offer access to a risk model that predicts the probability of flooding for homes across the United States, giving the public a look at the data institutional investors use to …

Technology’s Promise and Drawbacks Among Top Claims Stories for 2019

Technology — both its promise and its alleged abuse — was a key component of the most important news stories for claims professionals in 2019. Several insurers introduced new technical innovations to their claims processes during the year. At the …

CoreLogic Teams with Hover, NICB with Friss; Jupiter Awarded Grant

CoreLogic Integrates Hover with Underwriting Platform CoreLogic has integrated Hover’s three-dimensional property measurement tool into is Underwriting Center platform for insurance clients. The use of Hover will allow carriers and inspection companies to better manage inspection expenses, while allowing policyholders …

Business News: CoreLogic, Betterview, Gallagher Bassett

CoreLogic Teams Up with Geospatial Insurance Consortium CoreLogic has integrated aerial imagery provided by the Geospatial Insurance Consortium into its underwriting platform, the Irvine, California-based analytics provider said in a press release. The GIC is a nonprofit organization sponsored by …

Augmented Reality: Revolutionizing the Claims Cycle

This post is part of series sponsored by CoreLogic | Symbility. As technology advances and becomes more available to a wider audience, we tend to analyze how that tech advancement can benefit us, our clients, and our client’s clients. Computers …

How The World’s Most Valuable Resource is Changing Insurance

This post is part of series sponsored by CoreLogic | Symbility. Oil was once the most valuable resource in the world. Today though, some would say that data is. Data is changing the way business is done everywhere, including the …

CoreLogic Says 7.3 Million Homes, $1.8 Trillion at Risk from Hurricane Storm Surge

The Atlantic hurricane season, which begins Saturday, puts 7.3 million homes at risk with an estimated reconstruction cost of $1.8 trillion, CoreLogic said in its 2019 Storm Surge Report. That’s 300,000 more homes and $200 billion more in reconstruction costs …

Wildfire Took Your Home? Don’t Count on Insurance: Viewpoint

Own a home? No doubt you’ve insured it. Very sensible of you. But if that home were, say, burned to the ground, then your insurance company probably wouldn’t cover the cost of rebuilding it. Don’t feel too bad, though. It’s …

Business News: Verisk, CoreLogic, Arbella

Verisk Launches WaterLine for Private Flood Insurance Market Verisk, a data analytics provider, announced the launch of WaterLine, an underwriting tool that scores flood risk for all properties in the contiguous United States, helping insurers meet the needs of the …

Florence Wind, Storm Surge Could Cause Between $3-$5B in Insured Losses

Torrential wind and storm surge from Hurricane Florence could cause between $3 – $5 billion in insured residential and commercial property losses, according to CoreLogic, a global property information, analytics and data-enabled solutions provider. The new estimate doesn’t include insured …