CoreLogic

CoreLogic Risk Analysis Shows Hurricane Delta Threatens 293,685 Homes with Storm Surge Damage

—With striking similarities to Hurricane Laura, Hurricane Delta threatens the same coastal towns already struggling to recover—

CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released data analysis showing 293,685 single-family and multifamily homes across Louisiana and the U.S. Gulf Coast with a reconstruction cost value (RCV) of approximately $62.85 billion are at potential risk of storm surge damage from Hurricane Delta based on its projected Category 2 status at landfall. These estimates are based on the October 7, 5 p.m. Eastern Daylight Time (EDT) National Hurricane Center forecast.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201008005338/en/

Hurricane Delta: Number of Homes at Storm Surge Risk and Associated Reconstruction Cost Value (Graphic: Business Wire)

“After battering the Yucatán Peninsula near Cancún, Mexico, Hurricane Delta is headed for the Gulf Coast just weeks after Hurricane Laura brought significant wind and storm surge damage to the Texas and Louisiana coastlines,” said Curtis McDonald, meteorologist and senior product manager of CoreLogic. “Residents in these coastal areas are already trying to recover from their losses and are now faced with a second substantial storm. This season has been relentless, and Louisianans should be prepared for the long recovery road ahead.”

As Hurricane Delta approaches the Gulf, its path will become more certain and the metropolitan areas at risk will narrow. For the most up-to-date storm surge exposure estimates, visit the CoreLogic natural hazard risk information center, Hazard HQ™, at www.hazardhq.com.

The primary threats as Hurricane Delta makes landfall in central Louisiana will be storm surge and damaging winds. Heavy rainfall is also expected, but a fast storm speed is expected to limit catastrophic inland flooding. CoreLogic catastrophe and weather experts expect the 2020 hurricane season to continue on its above-average trend given warmer oceanic

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Nearly 2 Million Homes at Elevated Risk of Wildfire Damage According to CoreLogic

As the Glass Fire burns and threatens Napa Valley, CoreLogic’s 2020 Wildfire Risk Report analyzes both single-family and multifamily homes currently at risk of wildfire damage in the most wildfire-prone states

CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its 2020 Wildfire Risk Report as smoky skies and poor air quality continue to burden cities up and down the West Coast. The report finds 1,975,116 homes1 in the United States with an associated reconstruction cost of more than $638 billion at elevated risk of wildfire damage. These homes are comprised of approximately 6.5% of the total number of single-family residences in these states.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200930005217/en/

Top 10 Metro Areas by Single-Family Residences at Risk (Graphic: Business Wire)

The Los Angeles metro area tops the list of metropolitan areas with the greatest single-family residences at wildfire risk, followed shortly thereafter by the Riverside and San Diego metro areas. California is home to 76% of these residences on the top 10 list—but the reconstruction cost value of these homes comprise nearly 84% of the list.

“2017 and 2018 were incredibly destructive, record setting years for wildfire, followed by a comparatively quieter 2019. When we talk about wildfire trends, it’s important to treat any decrease in fire activity as only temporary,” says Dr. Tom Jeffery, principal hazard scientist at CoreLogic. “Like most natural hazards, there is no reason to believe that the amount of wildfire acreage, or the number of homes in the path of future wildfires will be any less – and certainly the ongoing 2020 season is proof of that, well on its way to being among the most devastating in recent memory.”

The devastation in Oregon, Washington and California has

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