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Archive for the ‘insurance’ Category

New Resource Center Hazard HQ from CoreLogic Offers Public Access to Analysis and Data Insights

Wednesday, August 15th, 2018

CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, recently announced the launch of its new publicly-accessible risk information resource center, Hazard HQ(tm). This new information hub will offer individuals, media and companies high-level analyses and up-to-date data insights on the immediate risks natural catastrophes pose to properties across the country.

The latest risk summary for Hazard HQ focuses on the ongoing California wildfires. As comprehensive risk assessment needs increase alongside growing economic losses from natural catastrophes, Hazard HQ offers a high-level risk perspective for individuals and companies who wish to understand how hazards like earthquakes, floods, hurricanes, severe convective storms, wildfires, wind and volcanic activity can impact their regions.

Senior leader of content and strategy for CoreLogic, Maiclaire Bolton Smith, spoke with GISCafe Voice about the new resource center and how it is dedicated to offering catastrophe insights about events while they are happening.

Does Hazard HQ take in citizen information?

No, it focuses on information from CoreLogic. Corelogic can provide insight and information, whether wildfire, hurricane, earthquake or flooding, and offers insights on number of properties that could be at risk, or on an area that could be impacted and the home value that could be lost. No information is pulled from citizens. It’s our opportunity to share information with others to help them protect themselves and be able to restore from financial catastrophe.

It really evolved as a way for us to share information easily.

We’ve had all these devastating wildfires this summer already. We always try to learn from the events that have happened. We’ll always be providing more information on research. For example, with regard to the wildfire that happened in Sonoma County, California last year that impacted Santa Rosa, over the past six months we’ve done a lot of research looking at the reconstruction from that wildfire and the state of the homes being rebuilt and looking at some of the insurance impacts and implications from that event happening. An event doesn’t end when an event ends, it’s a long process afterwards to really recover from it, so we will continue to share more information on an ongoing basis as we continue to research events.

How do you expect risk analysis you’ve done last year is going to impact or help in the assessment of the damage of the Mendocino fire, as an example, right now?

The biggest factor is that it brings awareness to the impact that these devastating events do have. We hear about the hundreds of thousands of acres burned, but a lot of times the fires are burning in remote areas and there are not a lot of properties at risk. It’s devastating to see the area burned, but what we want to focus on is bringing awareness to insurers and other people about where there are homes and properties at risk, and focus on the human aspects of it. What people can take away from our previous research, is

  1. Being prepared for hazards that could happen, whether it be a flood, earthquake, hurricane, etc. We’re prone to disasters all the time in various parts of the country.
  2. Awareness of the events that can happen, and our main goal is to work with insurance companies and help them understand what properties are valued at to be able to insure properties properly.
  3. The general public needs to know they need insurance for a lot of these hazards. Insurance can really help them recover from events when they do happen. Hopefully they won’t be impacted but if they are, to know their risk and to be able to accelerate their recovery is a huge bonus.

Say a customer is obtaining insurance for things they expect but what about these events that happen way beyond anyone’s expectations?

Unfortunately, those rare events are the wild card that are really beyond planning scenarios. I’m actually a seismologist by training and I spend a lot of time training people to know their earthquake risk. I always say the number one thing people can do to prepare for an earthquake, is believe that it can happen, and that’s the same with all disasters. The possibility is there that it may occur. These are hard for people to conceptualize and plan for.

At CoreLogic we do risk modeling where we look at the range of events that can happen – the more common events to the very extreme events. That’s the information we provide to insurance companies, including what could the worst-case scenario even look like.

I have spoken to CoreLogic many times. In the past the company has said with the fires we’re expecting an increase in losses to homes because people have built closer to forests, and forests are not cleared as often, we run the higher risk.
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Calling All Geospatial Data Providers for Upcoming GISCafe Special Coverage

Friday, May 4th, 2018

Data providers abound in the GIS and geospatial industry. Choices range from mapping, built and natural terrain modeling, survey, GIS/LIS technologies, geospatial web, asset inventory, mapping, geodetic and engineering surveying, photogrammetry, satellite imagery and real-time satellite data, remote sensing, aerial and ground-based LiDAR surveys, geographic and land information systems (GIS/LIS), and spatial computing and analysis, data provided by drones, and much more.

McMurdo Station Iceberg, Antarctica, NASA, taken from a small sat.

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Utilities and Government Go “Digital” at Bentley Year in Infrastructure 2017

Thursday, October 19th, 2017

The Bentley Year in Infrastructure conference held in Singapore October 8-12, kicked off with a Media Day on Monday, October 8th.  Among the forums that were offered was one on Utilities and Government, which showcased the company’s commitment to geospatial technologies that are inherent in all of their utility and government applications.

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Hurricane Harvey Early Predictive Analysis with Wind and Storm Surge Data

Thursday, August 31st, 2017

Front and center in the news right now is Hurricane Harvey and resulting devastation, which will most likely remain in the news for awhile.

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Esri Web Maps Provide Forecasting for NOAA’s National Water Model

Tuesday, August 30th, 2016

About two weeks ago, Esri launched a collection of web maps that display NOAA forecast streamflow data for the continental U.S. NOAA’s recently released National Water Model. Data from the Model combined with the National Hydrography Dataset and fed by NOAA’s National Weather Service data, forecasts the flow of water along the 2.7 million stream segments in the continental U.S. in ArcGIS Online.

NWM_10_Day_Anomaly_2 (more…)

GISCafe Voice Esri User Conference 2016 Report

Saturday, July 2nd, 2016

The question: what do we do with all this data? Is one that really runs parallel with the theme of this year’s Esri User Conference held in San Diego, entitled, “GIS Enabling a Smarter World.”

Jack Dangermond, CEO and President of Esri

Jack Dangermond, CEO and President of Esri

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GISCafe Editorial Calendar 2016*

Thursday, December 10th, 2015

GISCafe

Editorial Calendar 2016*

 Europe_regions (more…)

GISCafe at GEOINT 2015

Monday, June 15th, 2015

Next week GISCafe will be flying to GEOINT 2015 Symposium held June 22-25 at the Walter E. Washington Convention Center in Washington, D.C.

Tradecraft (more…)

Special Coverage: UAS: Disruption in the Skies

Thursday, October 23rd, 2014

Unmanned Aerial Systems is one of the disruptive technologies of this century. Whomever would have thought that small flying planes, that look very much like the hobbyist planes that people fly remotely, would someday take the role of carrier pigeons in delivering packages and also providing aerial surveillance, both on a government and citizen level.

Trimble UX5

Trimble UX5

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CoreLogic releases new 2013 CoreLogic Wildfire Hazard Risk Report

Friday, October 18th, 2013

Living in the American Southwest, where wildfires during the summer months are a constant threat, we are very grateful for the type of research that CoreLogic does with its risk reports. Not only does the company provide data, services and analytics on wildfires, they also provide information on flooding, which is the predictable aftermath of  wildfires in the Southwest, as there is nothing left to stop rainwater from roaring down mountainsides and filling arroyos.

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