In a related article, “From Sinkholes to Tsunamis: Assessing Nonmodeled Risks That Matter to Your Company,” Hanover Insurance Group’s Prateek Chhabra gives a step-by-step guide to identify, assess, quantify and incorporate nonmodeled risks into a carrier’s risk management framework.
The accompanying graphic highlights techniques Chhabra’s proposes for quantification of three types of nonmodeled perils:
Texas Reports Downward Trend in Home, Auto Insurance Rates 
The Latest Launches from Vertafore, One Inc., Qumis 
Highway Safety Agency Plans to Revise Outdated Vehicle Lighting Rules 
Viewpoint: Insurers Are Automating the Front Office While Ignoring the Function That Determines Trust 
