Go to WSRB
Go to BuildingMetrix
CREATE AN ACCOUNT
LOG IN

About the Company 

Who we are and how we help property insurers and agents throughout the U.S.

CEO Perspective

Engaging thought leadership on key insurance industry issues from our CEO. 

Meet the Team

Get to know the team of property insurance experts at WSRB, our parent company. 

InsuranceEDGE

Keep up with changes in the P&C industry with our weekly newsletter. 


Underwriting Guide to Cannabis & Hemp

An underwriter’s guide to risk and how to protect against it.

BuildingMetrix Blog

Learn about key insurance trends and how data helps you navigate them. 


Agency Guide to Earthquakes

Help your customers understand and be covered for earthquake risk.  

Case Studies

Discover customer success stories powered by BuildingMetrix solutions.


A Guide to Geospatial Technology

Harness the latest tools to achieve your underwriting goals.  

Help Center

Get step-by-step how-to articles on all BuildingMetrix data products. 

March 10, 2022 Edition

Headlines
 
 
 
Blockchain technology has made its way into the insurance space. From its capabilities to the potential risks, here’s everything to know.
 
 
Farmers in central California will be getting little to no water again from a key water system amid a persisting drought. The Bureau of Reclamation said last week it will not be able to provide some farmers with water - exactly how farmers will be affected may vary. 
 
 

 

Business
 
 
 
While net premiums written rose 9.2% to $690.7 million for the group of insurers included in A.M. Best Co. Inc’s data, losses and loss adjustment expense increased 11.7% to $483.8 million and underwriting expenses grew 5.4% to $182.0 million.
 
 
Directors and officers liability insurance premium rate hikes have not had the anticipated impacts on loss ratios that carriers had hoped for.
 
U.S. commercial insurance prices rose more than 7% in the fourth quarter, which was the same percentage of increase seen in the third quarter, Willis Towers Watson PLC said in a survey.
 
 

 

Education
 
 
 
The number of Canadians who rent out part of their home has seen a small uptick during the pandemic, and a new survey found that many homeowners who rent out aren’t telling their insurance company.
 
 
US Insurers — hammered by extraordinary losses caused by natural disasters — are failing to raise premiums at a pace equal to the rate of inflation.
 
Avian influenza has been detected in a sixth commercial poultry flock in southern Indiana. The samples are being verified at the U.S. Department of Agriculture’s National Veterinary Services Laboratory in Iowa.
 
 

 

Environment
 
 
 
Researchers have used artificial intelligence to predict where flood damage is likely to happen in the continental United States. The findings suggest that recent flood maps from the Federal Emergency Management Agency do not capture the full extent of flood risk.
 
 
A rising amount of litigation tied to the environmental and health impacts of greenhouse gas emissions prompts this question: is it about climate liability or the liability climate?
 
 
Crews were sent approximately 4.5 miles southwest of Concho in Apache County to address a human-caused, wind-driven fire.
 
 
The Jim Fire had charred 553 acres of chaparral and brush on the steep slopes of the Santa Ana Mountains northeast of the Orange County community of Rancho Santa Margarita.
 
 
 
Topics:droughtblockchainflooding

About InsuranceEDGE

Get this week’s essential stories from the world of property insurance, curated by WSRB’s industry veterans. Never miss an issue.

IE-earthquake-cta