February 13, 2018 | IN Blog

JMI Reports Chooses HazardHub to Provide Hazard and Property Information for its QuickVUE Automated Reports

HazardHub, the nation’s fastest-growing supplier of geospatial risk data, and JMI Reports, a leading insurance property surveying company have announced that HazardHub’s proprietary geographic hazard data and property characteristics will now be available through JMI Reports’ exclusive new report, QuickVUE.

Mike Ling, JMI’s Vice President of Client Relations stated that “JMI Reports Inc. is proud to announce that we have partnered with HazardHub. While researching data providers for our new and innovative QuickVUE product, HazardHub quickly rose to the top of our search. JMI values quality business relationships and it was evident that Hazard Hub looked to be a valued partner rather than just a data vendor. HazardHub’s prior data experience and their commitment to innovate by providing the highest quality and most comprehensive data in the marketplace made them the right choice as a business partner for JMI Reports.”

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December 20, 2017 | IN Blog

The Commercial Impact

By identifying all the businesses in Harris County, TX (Houston area), based on location, and mapping those locations against FEMA’s floodplain maps as well as taking into account other elevation criteria, we are able to quantify the impact of flooding and storm surge from Hurricane Harvey. By looking at business revenue at the affected locations as well as the affected businesses debt and bankruptcy risk, the effects of Harvey become clearer. We also identified home-based businesses to illustrate the extensive exposure of that segment of commercial enterprises.

Bankruptcy-Exposure

The above table shows the number of businesses expected to be “wet” in Harris County. The 84,562 businesses identified account for 23 percent of the approximately 375,890 active businesses in Houston as of the end of July 2017.

Of those affected, 55 percent are at a high risk of bankruptcy,

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December 12, 2017 | IN Blog

The Commercial Impact Of Hurricane Harvey On Harris County, TX

By Dave Schmidt and Bob Frady

Abstract: OX2 Solutions united Oxxford Information Technology’s commercial banking risk insights with HazardHub’s “wetness” index to better understand the commercial impact of Harvey on Houston. This analysis revealed that a large percentage of Houston businesses are at risk of bankruptcy, or of simply going out of business, especially those in FEMA’s 100-year flood plain where recovery is going to require an extended period of time. Consequently, insurers and lenders should be taking into account these convergent risks when writing policies and loans. Absent that foresight, the impact of a natural disaster such as Harvey is sure to magnify the size of the storm surge affecting financial supply chains and the economy.

By identifying all the businesses in Harris County, TX (Houston area), based on location, and mapping those locations against FEMA’s floodplain maps as well as taking into account other elevation criteria,

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