A new report from CoreLogic has found that climate change is expected to alter hurricane activity this year, placing $11.6 trillion total reconstruction cost value at risk of hurricane-force wind damage across U.S. coastal counties.
Read More »Nearly $17B Reportedly Lost Annually From Severe Storms
CoreLogic’s latest analysis of straight-line winds, tornadoes, hail, and severe thunderstorms has found that storms in 2022 accounted for an average annual loss of more than $17 billion, with hail damage accounting for more than $11 billion of those losses.
Read More »Examining the Impact of Wildfire Mitigation on Homeowners’ Insurance
A new report from the Casualty Actuarial Society takes a closer look at catastrophe models in measuring the effects of wildfire mitigation on homeowners and communities nationwide.
Read More »Hurricane Ian Property Damage Estimated at $28B-$47B in Florida
CoreLogic estimates that residential and commercial property loss from Hurricane Ian’s wind and storm surge damage will make it the costliest storm to hit the Sunshine State since Hurricane Andrew in 1992.
Read More »Which States Are Most At-Risk for Wildfire Damages?
CoreLogic has released its annual Wildfire Report for 2022, examining property-related wildfire risk alongside reconstruction resource availability, temporary housing capacity for displaced individuals, and community economic recovery potential among fire-prone regions. The report tracks wildfire risks in 15 Western U.S. ...
Read More »Natural Disasters in 2021 Sparked Nearly $60B in Damage
CoreLogic reports that 14.5 million homes, or nearly one in every 10 homes, in the U.S. was impacted by natural disasters over the past year.
Read More »The Week Ahead: Prepping for the Forbearance Moratoria Expiration
A new DS News webinar will examine the predicted flood in federal evictions and foreclosures following the end of moratoria, and how the industry will pivot to handle the volume that it will bring.
Read More »Wildfires Leave Behind Billion-Dollar Losses
The devastation caused by the deadly wildfires in California has led to massive infrastructure damage. A report estimates the residential and commercial loss incurred.
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