The sluggish economy continued to take its toll in 2010. Efforts to jump-start the recovery led to a few tepid upticks, but the overall effect was slight and transitory. Meanwhile, property reconstruction costs held steady or fell in 2010, as home values continued to decline in many markets. In some cases, those trends caused or widened a gap between the market value of a home and the cost to rebuild it. In this session, you’ll learn about this and other findings of Xactware’s 2010 Property Report, which offers insights into major developments in pricing and claims that will affect the property insurance industry in 2011.

Original Presentation date: January 24, 2011

Target Audience: Commercial property underwriters; SPI Plus and survey services customers

Randy Ohran Project Manager XactAnalysis Xactware Randy Ohran is an XactAnalysis Project Manager at Xactware. He works with customers to design and implement custom projects for XactAnalysis. He has worked for Xactware for over seven years and has held positions in Sales and Technical Account Management. Randy comes from a family of contractors and has gained an extensive knowledge of the construction industry while working in the family business.   Greg Pyne Manager Structural Data Services Xactware Greg Pyne is manager of Structural Data Services for Xactware. He oversees the departments that are responsible for the maintenance and publication of pricing information for more than 460 markets across North America. Mr. Pyne has worked with Xactware’s Price List Research and Publication division since he started his career in 1995, rising from Pricing Research Specialist to Team Leader of the Pricing Research Department to his current managerial role. He holds a number of different IICRC certifications, including the journeyman status of IICRC Journeyman Textile Cleaner and IICRC Journeyman Fire and Smoke Restorer.