Innovation has become so important to the insurance industry that rating agency AM Best will soon begin evaluating insurers’ innovation abilities. Exactly how that evaluation will work is still being determined, and if you’d like to voice your opinion on how it should work, you still have a little time.
Read MoreTopics: Insurance underwriting, P&C, insurance
Thanks to two television series (and a third one in the works), 90210 is perhaps the most famous ZIP code. The tens of thousands of other ZIP codes toil in relative obscurity but are no less important to not just mail delivery but also a wide variety of other business functions.
Read MoreTopics: Insurance underwriting, loss cost, PropertyEDGE™, fire protection classes, GIS Mapping, Risk Assessment
Today, WSRB offers insurance companies instantaneous access to data, both on our website and integrated directly into policy administration systems. We’ve come a long way since our founding in 1911, decades before the technology we now take for granted was invented.
Read MoreTopics: Insurance underwriting, property rating, rating bureau, Washington state, fire departments, public protection
When the Big One hits, what kind of damage can you expect? While it’s up to fate as to how intense or severe the quake will be — or when it will happen — the fact is set in stone. Earthquakes can and do happen here.
In fact, Washington state is second only to California when it comes to earthquake risk, and this is reflected in our earthquake classifications.
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Topics: Insurance underwriting, Building Construction, GIS Mapping, Inspections, insurance, Hazards
Located along the infamous Ring of Fire, Washington state experiences an earthquake about once every 8 hours[1]. As an underwriter, chances are you have a number of risks on or near a fault line — over 100 known faults crisscross Western Washington and Oregon.
Topics: Insurance underwriting, PropertyEDGE™, GIS Mapping, Hazards, earthquake, liquefaction, volcanoes
According to Wikipedia, RCP could refer to Rochester Community Players, Radio Club Paraguayo, or the Romanian Communist Party.
Read MoreTopics: Insurance underwriting, loss cost, RCP codes, GIS Mapping, insurance
As you may know, WSRB was founded in 1911. This month, we celebrate our 107th anniversary, which means we’ve been around about as long as many of the insurance companies who use our products. Of course, our products and services have evolved over the decades, but their purpose has not – protecting property and lives. Continually using the best technology and knowledge available, WSRB has been inspecting properties and providing essential underwriting information almost as long as Washington has been a state*.
Read MoreTopics: Insurance underwriting, Protection, Washington state, insurance agents, Loss Cost Lookup
When thinking about the effects of an earthquake, imagine a pebble dropped into a pond. It hits the water creating a circular ripple that weakens the farther it moves from the center.
Read MoreTopics: Insurance underwriting, PropertyEDGE™, GIS Mapping, earthquake
This past St. Patrick’s Day, you may have felt — or heard about — the small earthquake centered in Mercer Island. Though small, it reminds us that we’re in a region prone to quakes.
Read MoreTopics: Insurance underwriting, insurance, earthquake
Tracy Skinner didn’t choose insurance, it chose him. Over his career, which included stints at USF&G, PEMCO, Mattei Insurance Services, Grange, and finally, WSRB, he has helped people in our industry for over 40 years.
Read MoreTopics: Insurance underwriting
