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

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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.


A Guide to Wildfire Risk

Everything you need to know about managing this growing risk.

February 16, 2023

Welcome to your weekly newsletter with the updates you need to succeed in property and casualty insurance.


Fire and Water

As snowpack melts in California, can winter rains remedy the situation and stave off another year of drought and wildfire? Maybe not.  


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California Rains: A Double-Edged Sword

Grasses and other quick-growing vegetation, spurred by the downpours that saturated the state at the start of the year, quickly turn to kindling as the weather warms.

Read more at The Guardian

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Homeowners Insurance Rates by State for 2023

This map and table show the average cost of homeowners insurance by state and percentage of income spent, giving a quick view of how your state compares to others.

Read more at MSN


Business

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Insolvency Looms For Insurers 

The Insurance Information Institute has found that US auto and homeowners’ insurance premiums rates did not keep up with the inflation rate in 2020 and 2021.

Read more at Insurance Business America

Insurance Required for Gunowners?

A new bill introduced by two CA senators would require gun owners to purchase liability insurance for the negligence or accidental use of their firearms.

Read more at MSN

 

Turkey Quake: $1B Insured Losses

Economic and insured losses from secondary perils from natural catastrophes are accelerating and surpassing the loss totals from primary perils.

Read more at Insurance Journal

Environment

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Snowpack Melts in California

As the state gets drier, and as wildfires climb to ever-higher elevations, that precious snow is melting faster and earlier than in years past — even in the middle of winter.

Read more at Yahoo! News

$480M Cleanup for Kansas Oil Spill

A faulty weld at a bend in an oil pipeline contributed to a spill that dumped nearly 13,000 bathtubs’ worth of crude oil into a northeastern Kansas creek.

Read more at Insurance Journal

 

Cyclone Rips Across New Zealand

Some 225,000 homes are without electricity, at least 2,500 people have been evacuated, and tens of thousands have had travel disrupted.

Read more at Insurance Journal


Education

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Butterflies Attack Florida Citrus

The lime swallowtail butterfly — an invasive species that hails from Asia and which has damaged citrus trees throughout the Caribbean — has now reached Florida.

Read more at Insurance Journal

Virginia Car Insurance Requirements

Virginia is one of the only states in the country that does not require drivers to have auto insurance, but that may soon be changing under new legislation.

Read more at WTOP

 

Wildfire Preparation Bills in WA

Several bills have been introduced to bring in funding to help battle wildfires - Commissioner of Public Lands proposed “Cascading Impacts of Wildfire” legislation.

Read more at NBC24
Topics:wildfirefirearms

About InsuranceEDGE

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