by Brianna Crandall — August 17, 2018 — CoreLogic, a global property information, analytics and data-enabled solutions provider, just announced the launch of its new publicly accessible risk information resource center, Hazard HQ. 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.
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. The ongoing California wildfires are the subject of the latest Hazard HQ risk summary, and will remain a focus as the fires continue to move through the state.
The site also provides explanations for items as the total reconstruction cost value of a catastrophe (including parts, labor and regional factors), the loss of any natural hazard (insured portion that will be paid through to recover), and the dollar value for damage associated with the disaster, both insured and uninsured.
Maiclaire Bolton Smith, senior leader, Research and Content Strategy at CoreLogic, stated:
Mortgage and insurance professionals are struggling to see the complete picture of risk when natural catastrophes strike, particularly as these events evolve and grow as the ongoing wildfires in California have done. Hazard HQ was designed to drive visibility of natural catastrophe risk and act as a home base for all insights pertaining to these risks. It’s the latest endeavor in the CoreLogic commitment to making risk information accessible as the economic impact of natural catastrophes increases.
Check out the latest Hazard HQ risk analysis on the California wildfires, and visit the Hazard HQ home page for up-to-date natural hazard risk information as the 2018 hurricane season develops and as other natural hazards occur throughout the year.