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Catastrophe modeling firm KCC estimates the insured loss from the recent Colorado wildfire could be $1 billion. With nearly 1,000 structures destroyed, KCC said the Marshall Fire is the most ...
The 2021 Atlantic hurricane season was the third most active on record and the sixth consecutive year of above-average hurricane activity. Still, the overall season was mostly in line with the ...
The global insurance industry can currently expect a long-run annual average loss of $106 billion and a greater than a 40 percent chance of experiencing an annual loss of more than $200 billion in ...
Insured losses to onshore property resulting from Hurricane Ida's winds and storm surge will range from $17 billion to $25 billion, according to estimates from modeling firm AIR Worldwide. AIR's ...
AIR Worldwide, the Boston-based catastrophe modeling firm, estimates insured losses in Germany from July flooding could approach €5 billion ($6 billion). Low pressure system "Bernd" parked itself ...
Like many people, Karen Clark's career was influenced by circumstances and serendipity rather than any advanced planning. When in graduate school she developed a love of building computer models, ...
Snow, ice and some of the most frigid temperatures in decades in the southern United States will produce insured losses "in the billions of dollars," Moody's said in new commentary released on Feb. ...
By 2050, climate change-related weather events will have a meaningful impact on future hurricane losses, increasing them by 20% or more and in some cases doubling them, even without any increase in ...
Although Hurricane Laura was the strongest cyclone to strike Louisiana since 1856, damages were limited because it made landfall in a relatively sparsely populated area and the highest winds were ...
Markel Specialty is launching Risk Solution Services, its newly expanded loss control department. Coalition and Q6 Cyber will partner on a new initiative designed to enhance cyber underwriting. AIR ...
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