CoreLogic News

CoreLogic: 759K Homes, $170B in Reconstruction Value at Risk from Florence Storm Surge

Nearly 759,000 homes with a reconstruction cost value (RCV) of approximately $170.2 billion are at potential risk of storm surge damage from Hurricane Florence based on its Category 4 status, CoreLogic said in an analysis released late Monday. With projections …

Hurricane Lane Threatens 48K Hawaii Homes with Reconstruction Value of $8B

A new analysis shows 48,617 homes in Hawaii with a total reconstruction cost value of roughly $8 billion are at extreme-to-very high risk of hurricane-driven flood damage from Hurricane Lane. The CoreLogic analysis issued late Wednesday is based on National …

Guy Carpenter Licenses the CoreLogic U.S. Inland Flood Model

This post is part of a series sponsored by CoreLogic. 2017 was a game-changing year for the insurance industry. Between the catastrophic deluge of water dumped in Texas from Hurricane Harvey and the unprecedented underinsurance rates of families whose homes …

2018 Wildfire Season Outpacing 2017

This post is part of a series sponsored by CoreLogic. Examining the Risk in French Gulch and Redding Less than a year ago, California was ablaze with some of the most catastrophic fires the United States has seen. Over 10 …

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 …