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.


A Guide to Wildfire Risk

Everything you need to know about managing this growing risk.

February 23, 2023

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


On Shaky Ground

The earthquake devastation in Turkey and Syria may be far away, but residents of the Pacific Northwest must be prepared to avoid a similar fate. 


ie-feb23-1

Leaking Underground Storage Tanks 101

Underground storage tanks (USTs), though effective methods of storing substances for use in commercial, agricultural, and private applications, can become massive liabilities if not properly constructed and maintained. 

Read more at BuildingMetrix

ie-feb23-2

Oregon’s Next Earthquake Will Hurt The Unready

The Cascadia Subduction Zone earthquake is set to be violent, and Oregonians should be prepared, especially those living in cities.

Read more at InsuranceNewsNet


Business

ie-feb23-header-1

Unfavorable Reserve Development

Due primarily to Dec. 2022 auto accidents settling for more than reserved, Progressive said it experienced poor prior accident years reserve development of 6.5 points. 

Read more at Insurance Journal

Proposed Florida Tort-Reform Bill

The bill checks the remaining boxes that property-casualty insurers and other corporations have been asking for.

Read more at Insurance Journal

 

QBE Insurance's Announcement

The company announced a $1.9B reinsurance transaction to de-risk the group’s exposure to portfolio reserves.

Read more at Carrier Management


Environment

ie-feb23-header-2

Second-Largest Reservoir at Risk

Lake Powell, a man-made reservoir that sits along the Colorado River on the Arizona-Utah border, generates electricity for about 4.5 million people.

Read more at The Washington Post

Toxic Train Spill Angers Residents

Residents of the Ohio village upended by a freight train derailment demand reassurances after toxic chemicals spilled and burned in a huge plume.

Read more at Insurance Journal

 

New Solution to Condo Crisis?

In recent months, more than 1,000 condo owners in San Diego have had their property insurance policies not renewed by Farmers Insurance due to wildfire risk.

Read more at MSN


Education

ie-feb23-header-3

Best Pet Insurance Companies

Pet insurance can provide some financial protection if your dog or cat needs emergency surgery or treatment for a sudden illness.

Read more at USA Today

Why Not Go Direct On Homeowners

Allstate's CEO sees an untapped part of the homeowners insurance market—customers that will buy home insurance online.

Read more at Insurance Journal

 

Hyundai, Kia Offer Software Upgrade

The upgrade will be offered to 8.3 million U.S. vehicles in an effort help curb increasing car thefts using a method popularized online.

Read more at Insurance Journal

Topics:industry trendsearthquakeLUSTs

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