Verisk’s Q2 2026 property report puts claim volume at a multi-year low while average severity tracks toward a record. Translation for contractors: the everyday job is thinning out, the work that’s left is bigger and harder-fought, and carriers heading into reserving season will squeeze every line item you write.
The Restoration Industry Association has formally asked Verisk’s Xactware pricing team to add material-handling line items to the Xactimate database. If it happens, one of the most invisible — and most disputed — costs in restoration work finally gets its own line.
Gallagher just absorbed a Denver construction-risk and surety book. When brokerages consolidate, contractor relationships reshuffle — here is the operator’s read.
Voice AI is shifting restoration documentation from typing-while-wet to talking-while-working, letting techs keep their hands on the job while the record builds itself in real time.