Both preparations and recovery could face complications due to the spread of the coronavirus.
Read More »Disaster Response: When the Dominoes Begin to Fall
With the COVID-19 pandemic putting servicers’ disaster response procedures to the test, automation is more important than ever.
Read More »Coronavirus Hinders Rebuilding Efforts
After more than 40,000 structures were affected by the recent string of tornadoes across the Southeast U.S., a new report identified the unique challenges added by COVID-19 to the recovery efforts.
Read More »Technology’s Role in Dealing with Disasters
Chad Mosley is Chief Relationship Officer for Mortgage Contracting Services (MCS), a nationwide provider of property inspections, property preservation, REO property maintenance, HOA and utility services, property registrations, steel security products and other mortgage-related services. Mosley joined MCS in summer ...
Read More »Dorian Could Bring Losses of More Than $1B
Insurance Business America reports that insured losses from Hurricane Dorian in the U.S. could be between $500 million and $1.5 billion, according to estimates from analytics firm RMS. The projection represented insured losses associated with wind and storm-surge damage, as ...
Read More »Identifying Delinquency Hotspots
In a new report, CoreLogic examines "hotspots" where delinquency and foreclosure rates jumped despite not being tied to any recent natural disasters.
Read More »Hurricane Barry Update: Impact on Louisiana
Analysis by CoreLogic shows that 339,480 homes in Louisiana face the danger of flood damage due to Tropical Storm Barry. The report states that 32.6% of homes in the state are located within a Special Flood Hazard Area (SFHA), and ...
Read More »Tornadoes Destroy Homes, Communities in Ohio
According to a recent report, some of Ohio’s largest metros are among the most tornado-prone areas in the nation. Here are the details of the storms that swept the region over the holiday weekend.
Read More »Homeowners Underinsured for Certain Natural Disaster
A new report by ValuePenguin.com states that just 7% of homeowners have a flood insurance policy, despite floods being the most common natural disaster. The Atlantic hurricane season is less than a month away, and while 91% of homeowners have ...
Read More »How Home Insurance Premiums Are Weathering Natural Disasters
Homeowners are carrying more of the burden due to the impact of natural disasters. Click through to see which states are paying the most.
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