CoreLogic

Six Things to Know About the Recent Impasse Between Regulators and Insurers in the Aftermath of California’s Devastating Wildfires

California’s 2017 and 2018 catastrophic wildfire events hit state insurers historically hard, with record-breaking losses of over $25 billion.1 2 Three years later, state regulators, utility companies, and insurers are still scrambling to find solutions for homeowners who have lost …

2019 Natural Hazard Report Highlights Long Tail of Financial Recovery

Preparing for a catastrophe is a science. This science involves models built from data and analytics that can capture the worst-case scenario for businesses and homeowners. Knowing exactly what the worst looks like allows people to better prepare for it. …

2018 California Wildfires – An Actuarial Review

2018 was another catastrophic year for wildfires across the United States. Nearly 9 million acres burned, and many lives, homes and businesses were lost. California alone had over 1.8 million acres burned, and the Camp fire was the deadliest and …

Factors that Contribute to Prolonged Recovery after California Wildfires

This post is part of a series sponsored by CoreLogic. As strong winds further exasperate the prime weather conditions for wildfires in California, efforts to save lives and property are a foremost priority of emergency responders and state officials. To …

Kincade, Tick and Getty Fires Currently Threaten Nearly 1,000 Homes with a Reconstruction Cost Value of $535M

As of October 29, there were at least 18 fires burning in California, ranging in size from a few acres to more than 74,000 acres as in the case of the Kincade Fire in Sonoma County. This is in addition …

Ridgecrest Earthquakes Shake Up Californians, but How Bad Could it Be?

This post is part of a series sponsored by CoreLogic. Earthquake risk in California is no secret. For years scientists have been warning the state is overdue for a large damaging event. Nearly 30 years ago, the 1989 Loma Prieta …

Top 15 Metro Areas at Risk this Hurricane Season

This post is part of a series sponsored by CoreLogic. Hurricanes are often some of the most destructive and costly natural hazards. Their impact on homes, businesses and infrastructure comes in the form of strong winds and flooding. There are …

What is the North Atlantic Oscillation, and why does it matter?

This post is part of a series sponsored by CoreLogic. Worldwide, properties tend to be built according to certain standards which generally take into account the severity of the predominant natural perils affecting a particular region. For instance, homes located …

Severe Weather in Houston

This post is part of a series sponsored by CoreLogic. During the first full week of May, Houston was devastated by catastrophic flooding and hail. Defining the southern edge of a large weather front on May 9 across the U.S. …

Severe Weather Season is Here

This post is part of a series sponsored by CoreLogic. Severe convective storms—the group name given to tornadoes, hail, and straight-line winds—are among the most common and damage-inducing natural catastrophes in the United States, frequently topping the lists of annual …

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