Recent U.S. hurricane activity and severe flooding from coast to coast have amplified the cost of being uninsured, and just because it hasn’t previously flooded in an area doesn’t mean that it can’t happen.
Tag: CoreLogic
Hurricane Season Could Threaten an Estimated 33 Million Homes: CoreLogic
This year, CoreLogic has identified that more than 32 million single-family residences (SFRs) and an additional 1 million multifamily residences (MFRs) are at moderate or more significant risk of sustaining damage from hurricane-force winds.
Annual Single-Family Rent Growth Decelerates for Fifth Consecutive Month
Single-family rents increased 10.2% year over year in September, down from 13.9% in April 2022.
Insurance Price Tag from Hurricane Ian Estimated at Up to $47B: CoreLogic
CoreLogic®, a leading global provider of property information, analytics, and data-enabled solutions, released residential and commercial wind and storm surge loss estimates for Hurricane Ian today. Wind losses for residential and commercial properties in Florida are expected to range between $22 billion and $32 billion, according to this new data analysis. Storm surge insurance claims… Continue reading Insurance Price Tag from Hurricane Ian Estimated at Up to $47B: CoreLogic
CoreLogic’s Multi-year Alliance with Google Cloud Enables New Product Launch
CoreLogic©, a leading global property data and analytics-driven solutions provider, has announced an extended relationship with Google Cloud to support the launch of its new CoreLogic Discovery Platform™. Fully built on Google Cloud’s secure and sustainable infrastructure, Discovery Platform provides a comprehensive property analytics environment and cloud-based data exchange for businesses across multiple sectors. Discovery… Continue reading CoreLogic’s Multi-year Alliance with Google Cloud Enables New Product Launch
Single-Family Rent Growth Tripled Year Over Year in December, CoreLogic Reports
CoreLogic, a leading global property information, analytics and data-enabled solutions provider, released its latest Single-Family Rent Index (SFRI), which analyzes single-family rent price changes nationally and across major metropolitan areas. Single-family rent prices experienced extensive growth during 2021, increasing an average of 7.8% compared to 2.6% in 2020. On a monthly basis, rent prices ended… Continue reading Single-Family Rent Growth Tripled Year Over Year in December, CoreLogic Reports
Climate Change Catastrophe Report Estimates 1 in 10 U.S. Residential Properties Impacted by Natural Disasters in 2021
CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released its 2021 CoreLogic Climate Change Catastrophe Report, revealing over 14.5 million single- and multifamily homes were impacted by the largest natural catastrophe events of 2021, with an estimated $56.92 billion in property damage. This year’s report analyzed thirteen major hazard events of… Continue reading Climate Change Catastrophe Report Estimates 1 in 10 U.S. Residential Properties Impacted by Natural Disasters in 2021
AXA Climate Announces CoreLogic as Strategic Data Provider to Expand Parametric Hail Protection
CoreLogic, a leading global property data and analytics-driven solutions provider, has been selected to expand the Hail Protection product designed by AXA Climate. With the help of CoreLogic’s proprietary data, the product is designed to help businesses recover from financial losses such as property damage or business interruption following a hail event. After a successful… Continue reading AXA Climate Announces CoreLogic as Strategic Data Provider to Expand Parametric Hail Protection
Homeownership Accelerated Among Young Millennials During the Pandemic
For many millennials, the pandemic has been anything but an obstacle to leaving their rent-based urban lifestyle behind and settling down — and for good reasons. With plummeting interest rates, the timing to buy homes and invest in wealth-building homeownership couldn’t have been more perfect. Shelter-at-home and remote work have driven a desire for larger… Continue reading Homeownership Accelerated Among Young Millennials During the Pandemic
CoreLogic and Xceedance Announce Extended Catastrophe Modelling Collaboration
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today announced an extended collaboration with Xceedance, a global provider of insurance consulting, managed services and technology. Under this expanded arrangement, re/insurers and brokers will now gain access to CoreLogic’s complete suite of 180+ catastrophe models via transactional, on-demand catastrophe modelling services performed by… Continue reading CoreLogic and Xceedance Announce Extended Catastrophe Modelling Collaboration