Home Insurance industry news and insights

Hurricane Season 2019 – Gain Insights for this Year’s Season from Historical Data

Written by: Kelly Rush, Director, Home Solutions

June 1st marked the official start of the Atlantic Hurricane Season. While it is typically top of mind during this time for insurers to review policy coverage with their insureds, carriers can also take steps to protect their businesses. LexisNexis R...

Vlog with Bill Madison: Living the Change for Insurance with IoT and the Connected World

Written by: LexisNexis Risk Solutions

In this video Bill Madison, CEO Insurance, LexisNexis Risk Solutions, takes a look into the connected world, to the Internet of Things (IoT), and why new types of data knowledge and data insight from smart devices are going to be so important for ins...

Hurricane Preparedness Week – Gain Insights for this Year’s Season from Historical Data

Written by: Kelly Rush, Director, Home Solutions

May 5-11, 2019 is Hurricane Preparedness Week. All week, social media will be filled with tips for consumers about preparing for the upcoming hurricane season, including the need to double-check their home insurance policies. While it is recommended ...

It’s Fix a Leak Week: Connect with Your Policyholders to Reduce Risk of Water Damage!

Written by: George Hosfield, Senior Director, Home Insurance

Drip. Drip. Drip. It’s more than an annoying sound. It’s the sound of more than one trillion gallons of water wasted through leaks in American households. Most homeowners’ insurance policies cover unexpected water damage due to a plumbing malfu...

Disrupting fire risk underwriting with a data-driven solution

Written by: Kelly Rush, Director, Home Solutions

A few facts to consider: fires account for 28% of non-catastrophic home insurance losses, but fewer than 3% of all homeowner claims. And when fires do happen, the average loss is more than $66,000. Unlike other types of homeowner losses, fire loss...

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