The March 2013 CoreLogic National Foreclosure Report stated that more than 1 million homes are in some stage of foreclosure. Here are a few more March 2013 foreclosure insights: Completed foreclosures rose from 52,000 in February 2013 to 55,000 in March, an increase of 6 percent. The five states with the largest number of completed [...]
property
The 2013 wildfire season in the western United States is looking to be a difficult one, fueled by a combination of factors, including a drier-than-normal preceding winter, generally drier vegetative fuels, and warmer current conditions. In addition, projections of higher temperatures and lower-than-normal precipitation this summer raise the prospects of what could become an intense [...]
Because it’s Cinco de Mayo, we’ve decided to post our five most popular Verisk Insurance Solutions blogs. So, here’s the list of the five blog posts that currently have the most page visitors. Ready? Drum roll, please . . . 5. Technically Speaking: Frequency/Severity Models or Loss Cost Models? 4. Cross-Selling Auto and Homeowners [...]
With hurricane season right around the corner, memories of Superstorm Sandy remain fresh. Forecasts for storm activity are starting to appear, as they do every April, and it looks as though this year may be above average. According to Artemis, the Tropical Storm Risk consortium expects 15 named tropical storms, with 8 becoming hurricanes and [...]
Two years have passed since the inaugural release of the ISO Casualty Index™ . In that time, we’ve published eight quarterly updates that include loss ratio and loss emergence data for the ten general liability and commercial auto segments. With each release, we were able to confirm and speculate about emerging and current trends within [...]
According to Artemis, Aon Benfield has forecast $4 billion in catastrophe bond issuance activity by the end of June. If that happens, 2013 will have become the most active first half in the history of the market. So far, 2007’s first half boasts the largest issuance, with more than $3.7 billion, thanks in large part [...]
