Xactware’s 2008 Property Report

Professionals in the property insurance industry welcome information on pricing trends and other factors that influence the value of claims. Xactware's 2008 Property Report can help you better understand the year in review and identify trends as you prepare for the year ahead.

Challenge
Professionals who understand current pricing trends and other factors influencing their industry are empowered to make informed business decisions. The year 2008 was one of massive change for the insurance and construction industries. The construction industry absorbed the effects of a sputtering housing market, witnessed rapidly declining home values, and experienced volatile fluctuations in fuel costs. You can use Xactware’s 2008 Property Report to understand last year’s trends and prepare for the year to come.

Results
Some of the important information in the report includes:

• dramatic increases in the cost of key building materials
• the effect of rising fuel costs on the price of composition shingles
• the rising popularity of green building materials
• a look at the volume reported to Xactware each month and the average claim value by type of loss

Technique
The 2008 Property Report uses information from Xactware’s pricing department and XactAnalysis®, Xactware’s industry-leading assignment and analytical network. XactAnalysis allows Xactware to report and measure key indicators of the construction industry, as well as the effect that pricing changes have on material, labor, and other building costs.

Visit the Xactware website to get more information on ordering the report.

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