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About the Company 

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

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

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

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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.

April 27, 2023

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


Going Down

The median U.S. home price fell 3.3% in March this year to $400,528, the most significant year-over-year drop since 2012. What does this mean for insurers? 


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The Life and Times of a Fire Investigator: Education

We often think of the classroom in the formal sense: a school, a classroom, a lecturer, and a group of students. And while fire investigators use this setting as a platform for education, their work goes well beyond that.

Read more at WSRB

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Median US Home Price Posts Largest Drop Since 2021

New listings fell 23.3% from March 2022 to March 2023 because homeowners decided to stay in their homes rather than move and face higher interest payments on a new house.

Read more at PropertyCasualty360


Business

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State Farm To Increase Rates in IL

The new rates will add roughly $65 annually to the average policy, on top of the extra $58 per year brought by the previous rate hike.

Read more at Insurance Business Mag

$1.7 Billion in Q1 Catastrophe Losses

Allstate Corp. said pre-tax catastrophe losses for the first quarter are expected to be about $1.7 billion, with about $1.3 billion occurring during the month of March.

Read more at Insurance Journal

 

Berkley Won't Chase D&O Market

W. R. Berkley Corp. President and CEO Robert Berkley said the insurer is not going to follow the directors and officers market “down the drain.”

Read more at Carrier Management

Environment

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CA Snowpack May Melt Quickly

The rapid melt could send waters rushing into streams and exacerbate ongoing flooding in the San Joaquin Valley west of the Southern Sierra.

Read more at Washington Post

California to Meet All Water Requests

CA will provide 100% of the water requested by cities and farms for the first time in years thanks to winter storms that filled reservoirs and runoff from a record snowpack.

Read more at Insurance Journal

 

Major Flooding Along Mississippi

Wisconsin communities along the river are preparing for what could be "major" flooding as soon as this weekend as the river swells to its highest flood level in decades.

Read more at WPR

Education

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Turkey’s Disaster Was Preventable

Contractors and government inspectors are to blame for the shoddy construction that led to so many building collapses, but insurers can help forestall future disasters.

Read more at Risk and Insurance

May 2023 Temperature Outlook

The next month may bring warmer temperatures to the east coast, south, and Pacific Northwest. Check out NOAA's monthly outlook for more information. 

Read more at Climate.gov

 

AI + Commerical Trucking Insurance

There is an untapped opportunity for brokers in the commercial trucking insurance sector as they prospect new business and offer quotes.

Read more at Insurance Journal

Topics:housing market

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