reconstruction cost value (RCV) News

Verisk: US Reconstruction Costs Rose 5.2% From Last Year

Total reconstruction costs in the U.S. rose by 5.2% from July 2023 to July 2024. That’s a large increase from the cost growth from July 2022 to July 2023 (4.0%) and over the cost growth in the second quarter (1.6%), …

CoreLogic: Nearly 300K Gulf Coast Homes at Possible Risk From Delta

CoreLogic an Irvine, Calif.-based global property information, analytics and data-enabled solutions provider, has released data analysis showing 293,685 single-family and multifamily homes across Louisiana and the U.S. Gulf Coast with a reconstruction cost value (RCV) of approximately $62.85 billion are …

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 …