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September 2018: Housing Health Trends

BuildFax has released its September 2018 BuildFax Housing Health Report (BHHR). Each month, BuildFax releases data on the health of the housing market just ahead of the U.S. Census Housing Report. The report delivers a macro view of the U.S. housing market, which looks at three key economic indicators: single-family housing authorizations, existing housing maintenance... Read More

BuildFax Honored for Volunteer Efforts

Daily Mail General Trust (DMGT) has donated $3,000 to a charity of BuildFax’s choice, Habitat for Humanity, in honor of BuildFax winning the DMGT Community Champion Awards. Habitat for Humanity is an international nonprofit organization that supports affordable housing. Donation funds will go directly to Habitat’s home construction and renovation efforts. The award, which recognizes... Read More

Substantial Remodeling Activity in Florida Impacts Catastrophe Reinsurance Models

Insured losses from U.S. catastrophes surpassed $134 billion last year and marked the costliest year on record for weather disasters. While 2018 has been a milder year for catastrophes – though already passing $20 billion in insured losses – it’s clear 2017 losses are still on the minds of U.S. carriers as they move into... Read More

BuildFax Housing Health Report: August 2018

BuildFax has released its August 2018 BuildFax Housing Health Report (BHHR). Each month, BuildFax releases data on the health of the housing market just ahead of the U.S. Census Housing Report. The report delivers a macro view of the U.S. housing market, which looks at three key economic indicators: single-family housing authorizations, existing housing maintenance... Read More

Entrepreneur Magazine Awards BuildFax Top Company Culture

Entrepreneur, a globally renowned media group that covers entrepreneurship and business, has recognized BuildFax for its exceptional company culture. The publication highlights high-performing company cultures across the U.S. on an annual basis and evaluates them based on a number of factors, including effectiveness, connection, management, engagement and leadership. BuildFax is honored to be celebrated among... Read More

Investors Are Increasingly Using Sophisticated Data to Inform Trading Decisions

Jefferies hosted its Investor Relations Summit in Chicago last week, where our very own COO Jonathan Kanarek spoke about how investors are utilizing advanced data to make investment decisions. The event drew a crowd of investors and corporate executives from public and private companies to collaborate on investment strategy and share ideas. When leveraged effectively,... Read More

BuildFax CEO Holly Tachovsky Named Central Texas Woman of Influence

Austin Business Journal (ABJ) recognized BuildFax’s own Holly Tachovsky as a finalist for the 2018 Profiles in Power awards. The award celebrates women who have been influential in Central Texas by blazing new trails and positively impacting their community. On an annual basis, the ABJ nominates successful business owners who are at the top of... Read More

Introducing: BuildFax Housing Health Report

We’re thrilled to announce the release of the BuildFax Housing Health Report. The report delivers a macro view of the U.S. housing market, which looks at three key economic indicators: single-family housing authorizations, existing housing maintenance and existing housing remodeling. July data revealed an increase in the annual rate of single-family housing authorizations, and housing... Read More

California Wildfires Increase Strain on Insurance Claims Departments

California is on track to have one of worst wildfire seasons in its recorded history this year. This is no small measure considering 2017 was a record year for fires. Statewide wildfire claims in October and December of 2017 alone totaled almost 45,000 and represented $12 billion in losses, according to the state, making it... Read More

Premium rate hikes necessitate accurate, timely data to identify high-quality risks

As a result of the hyperactive and catastrophic hurricane and wildfire seasons, the U.S. property and casualty market has seen notable rate hikes in 2018. Premium rates increased 2.5 percent in the second quarter alone, according to MarketScout. However, there is hesitation around whether consistent price hikes are a sustainable strategy in the long term,... Read More
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