CoreLogic News

That’s Gonna Leave a Mark: Large-Hail Days Hit Two-Decade High in 2023

Hail of two inches or greater struck the United States on 141 days last year — the highest number of annual days in two decades, according to a new CoreLogic report. Severe convective storms generated “an unprecedented amount of insured …

Catastrophe Experts Discuss Maui’s Long Road to Recovery

While wildfire search and rescue efforts continued in Maui, a group of CoreLogic experts gathered online last week to discuss the island’s road to recovery through an insurance lens. Panelists analyzed the disaster’s uncertain billion-dollar price tag as well as …

About 33 Million U.S. Homes at Risk of Hurricane-Force Winds: CoreLogic

According to an analysis by CoreLogic, about 33 million U.S. homes with a combined reconstruction cost value of $11.6 trillion are at risk of hurricane-force winds. CoreLogic released its 2023 Hurricane Risk Report to mark the start of the Atlantic …

Louisiana Parishes Top List of Riskiest US Housing Markets

A pair of Louisiana parishes lead CoreLogic’s ranking of riskiest U.S. housing markets based on natural-disaster probability. CoreLogic’s Climate Risk Analytics: Composite Risk Score (CRA Composite Risk Score) identified Plaquemines Parish as the place most at risk for property damage …

These Southwestern Counties Were Ranked Safest from Natural Disasters

A city in New Mexico and five counties in Colorado ranked in the top 10 for lowest-risk areas for natural catastrophes. A study by global property information provider CoreLogic detailed the least risky places to live in the U.S. from …

Insured Damages From Hurricane Ian $31-$53B: CoreLogic

Property data and analytics provider CoreLogic included new and updated projections of storm surge and flood losses for Hurricane Ian for a final tally of between $41 billion and $70 billion in insured and uninsured flood and wind losses. Insured …

Hurricane Ian Losses Up to $47B in Florida, Sinking More Insurers, CoreLogic Calculates

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 …

NYC, Miami, Tampa, New Orleans Tops Among Storm-Surge Exposed Cities

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 …

Report Estimates $530M Reconstruction Cost for Homes in Line of California Wildfire

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 Push Flood Losses in U.S. to $40B by 2050

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 …