Xactware’s 2007 Property Report

Professionals who work in the property insurance industry welcome information on pricing trends and other factors that influence the value of a claim. Xactware’s 2007 Property Report can help you better understand the year in review and help you identify trends from 2008.

Challenge
Professionals who work in the property insurance industry welcome information on pricing trends and other factors that influence the value of a claim. Although 2007 was a relatively quiet year for catastrophes, the subprime mortgage crisis and a general slowdown in new construction had a big effect on pricing. Xactware’s 2007 Property Report can help you better understand the year in review and help you identify trends from 2008.

Results
Some of the important information in the report includes:

• stabilizing or falling prices for some key materials
• the impact of rising fuel costs on the price of composition shingles
• a look at the volume of claims reported to Xactware by month
• a look at the average claim value by type of loss

Technique
The 2007 Property Report uses information from XactAnalysis®, Xactware’s industry-leading assignment and analytical network. XactAnalysis allows Xactware to report and measure key indicators, as well as the effect pricing changes have on material, labor, and other building costs.

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