CoreLogic: Sinkholes more common, costly than homeowners realize

CoreLogic: Sinkholes more common, costly than homeowners realize Company repurchased 0.5 million common shares in the quarter. Year-to-date share repurchases totaled 1 million shares for million. company enhances 2017 financial guidance ranges and raises share repurchase target 10%.

Answer: Sinkholes are more common than most homeowners realize. And the hazard is one that insurance companies generally refuse to insure, according to real estate research firm CoreLogic.

CoreLogic: Sinkholes more common, costly than homeowners realize A: Sinkholes are more common than most homeowners realize. And the hazard is one that insurance companies generally refuse to insure, according to real estate research firm CoreLogic.

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Company repurchased 0.5 million common shares in the quarter. Year-to-date share repurchases totaled 1 million shares for million. company enhances 2017 financial guidance ranges and raises share repurchase target 10%. "CoreLogic delivered a very strong operating performance for the second quarter and first half of 2017.

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But, unfortunately, sinkholes may be more common than homeowners realize, and the hazard is one insurance companies generally refuse to insure, real estate analytics firm CoreLogic said.

In 2016, about 5 million homeowners had flood insurance through the NFIP. The average NFIP flood insurance cost was $656 in 2016, according to the Insurance Information Institute. Premiums can cost more depending on the property’s flood risk and value, as well as the type of coverage and deductible you choose.

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CoreLogic maintains a 99 percent accuracy rate and an automated response rate over 93 percent. More than 2,200 lenders in over 6,000 ordering locations trust corelogic to help stay compliant with federal flood regulations. Unmatched technology, experience and industry leadership

CoreLogic Reports Fourth Quarter and Full-Year 2017 Financial Results Submitted by Anonymous (not verified) on Mon, 02/26/2018 – 21:17 Strong Operating Performance Highlighted by Revenue Outperformance of Market Trends, Achievement of High End of Profit Guidance and Outstanding Cash Flow and Capital Return