Commercial Property Hub

Hot Topics in 2023

Shortlisted topics for multistate insurance program changes

Climate Change

We're currently preparing a Rules filing in response to California Regulation Mitigation In Rating Plans And Wildfire Risk Models (REG-2020-00015).

Space Weather

A draft Space Weather exclusion was discussed at the June Commercial Property Panel Teleconference.

Supply Chain Crisis

A Supply Chain Disruption Business Income/Extra Expense Endorsement was discussed during this year’s Roundtable Presentation.

Major Projects


A planned revision to the Specific Commercial Property Evaluation Schedule (SCOPES) manual will provide several updates to the determination of Basic Group I (BG I) Building and Business Personal Property loss costs for specifically rated commercial properties. We plan to file accompanying Commercial Property Manual Rules and BG I Class Loss Cost revisions concurrently with the filing of the SCOPES manual. 

Earthquake Rating

This filing revises multistate rules in Division Five - Commercial Property of the ISO Commercial Lines Manual (CLM) to reflect various enhancements pertaining to Earthquake coverage. The enhancements, including revised rating factors, are based on the Earthquake Model (Touchstone Version 8.2.0) from Verisk Extreme Solutions, formerly AIR Worldwide. 

Contact the Commercial Property team

Our product team is available for support. Email us with any questions or comments and we’ll direct your inquiry to the right person and be in touch.


Available Webinar
Robust Data for All Your Commercial Property Underwriting Needs
Get the full picture of commercial property to guide informed decisions, mitigate risk, and price more accurately.
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Replacement Reset: Five Strategies to Better Align Insurance to Value
Verisk offers five key strategies to help avoid underinsurance and outdated valuations that could leave you and your customers vulnerable in the event of a total loss.
Available Webinar
Insurance Impacts of the COVID Pandemic and Heightened Inflation
In this webinar, we explore these impacts on Frequency, Severity, and Loss Ratios for various commercial lines of business including General Liability, Commercial Auto, and Commercial Property.

Meet the Team

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Greg Palumbo

Greg Palumbo is senior manager of the ISO Commercial Property Product Development team responsible for research, development and support of commercial property, businessowners, capital assets, agricultural capital assets, equipment breakdown, commercial inland marine and commercial flood forms and rules. In 2003, Greg began his career at Verisk and has spent most of his time here focusing on businessowners forms and rules development. He graduated with a Bachelor of Arts degree in Economics from the University of Delaware.

Verisk Activity

Coming soon: links to related content for participating subscribers!

Tools and Resources

Circular Alert Service open_in_new

With the Circular Alert Service you'll receive a daily email notifying you of the latest circular releases. You can personalize your alert by types of circulars, LOB, states and more.

ISO Education open_in_new

Available on-demand, ISO Education content is produced & maintained by the subject matter experts that develop and manage the products, so you can be confident that the material is extensive and relevant.  

Verisk Speakers Bureau open_in_new

Request an insurance thought leader to speak at your next event. Verisk leaders and innovators are sought after to speak at insurance industry events on a wide range of topics. 

Verisk Property Reports open_in_new

Get a better understanding of critical trends that unfolded last year in the US, Canadian, and UK property restoration industries with Verisk's Property Reports. 

Explore Commercial Property Insights

Businessowners Hub

The small commercial market is growing, and the tools to help insurers meet the demand are reaching new heights of sophistication. Visit our Businessowners hub filled with important and timely line resources, insights, and updates to learn more.