1.0Insurance Journal Researchhttps://www.carriermanagement.com/researchAndrew Simpsonhttps://www.carriermanagement.com/research/author/asimpson/Why Convective Storm Models Are Unreliable - Carrier Management Researchrich600338<blockquote class="wp-embedded-content" data-secret="cbN2JhcnKe"><a href="https://www.carriermanagement.com/research/research/why-convective-storm-models-are-unreliable/">Why Convective Storm Models Are Unreliable</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.carriermanagement.com/research/research/why-convective-storm-models-are-unreliable/embed/#?secret=cbN2JhcnKe" width="600" height="338" title="“Why Convective Storm Models Are Unreliable” — Insurance Journal Research" data-secret="cbN2JhcnKe" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script>
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https://www.insurancejournal.com/research/app/uploads/2016/10/bigstock-Storm-On-The-Horizon-2618119-620x465.jpg620465Catastrophe model pioneer Karen Clark explains that catastrophe models for severe convective storms have existed for decades, but the model loss estimates lack credibility for most insurers. Here, Clark explains why and suggests a new modeling approach.