CoreLogic News

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 …

29 Million Flood Risk Properties Lie Outside Official Flood Zones: CoreLogic

An estimated 23 percent of residential and commercial properties in the U.S. are at high or moderate risk of flooding but are outside of designated Special Flood Hazard Areas (SFHA) as identified by the Federal Emergency Management Agency (FEMA), according …

Four Reasons to Explore Underwriting Automation

This post is part of a series sponsored by CoreLogic. If you’re reading this blog, then you are likely interested in learning more about how you can make your company’s property underwriting process more efficient. Although there are many misconceptions …

CoreLogic: Hurricane Nate Property Damage Could Top $1B

Hurricane Nate preliminary loss estimates are estimated to be between $650 million and $1.35 billion, according to CoreLogic. The loss estimates were calculated based on data analysis, total insured and uninsured loss for both residential and commercial properties, including damage …

Losses from California Wildfires Could Reach up to $6 Billion, Experts Say

This story has been updated with the latest estimates on fire losses. The wildfires raging in California are shaping up to become an infamous if not historic event. The fires have destroyed 3,500 structures and counting, far exceeding the 2,820 …

Insurance Industry Tallies Irma’s Mounting Losses in Florida

With two Florida landfalls in the same day, Hurricane Irma‘s destructive wind and flood damage could cost up to $65 billion for both insured and uninsured losses, according to a recent estimate by CoreLogic. Residential property flood loss is estimated …

Hurricane Harvey: Identifying the Insurance Gap

This post is part of a series sponsored by CoreLogic. As hurricane Harvey made landfall north of Corpus Christi last week, this Category 4 hurricane left devastation in its wake. CoreLogic® estimates that the total residential insured and uninsured flood …

As Harvey Nears, Central Texas Coast Shuts Down

The National Hurricane Center has called off the hurricane watch from Port Mansfield, Texas, south to the mouth of the Rio Grande, but the Hurricane Harvey scenario for Corpus Christi and the surrounding areas on the mid-Texas coast seems to …

Making the Adjustment

This post is part of a series sponsored by CoreLogic. The Modern Age of Desk Adjusting for the Insurance Industry Deploying adjusters to the field is a large overhead cost for insurance companies. Incoming claims vary in terms of size …

CoreLogic Acquires Myriad Development in Texas

CoreLogic has acquired Austin, Texas-based Myriad Development. Terms of the deal were not disclosed. The combined assets of Myriad’s automated underwriting platform with property data from CoreLogic will create a proprietary solution that will transform and modernize underwriting for the …