Karen Clark & Co. Archives - Carrier Management

Haiti Earthquake Caused $250M in Insured Losses

The large 7.2 magnitude earthquake, which hit Haiti on Aug. 14, is likely to cost insurers around $250 million, according to catastrophe modeling firm Karen Clark & Co. While the insured losses ...

Hurricane Isaias Insured Losses Will Surpass $4B: KCC

Hurricane Isaias likely caused $4 billion of insured losses in the U.S. and $200 million in the Caribbean, according to a new report from Karen Clark & Co. The estimates cover privately insured ...

Lessons From the 2017 Atlantic Hurricane Season: Open Models, Real-Time Tracking Are Valuable Tools

Open models and tools to track hurricanes in real time can help boost modeling accuracy and aid the claims process after storms, according to a new Karen Clark & Co. analysis of the 2017 Atlantic ...

Alberto, a Relative Letdown, Caused $50M in U.S. Insured Losses: Karen Clark & Co.

Subtropical Storm Alberto — the first named storm of the 2018 Hurricane Season — will likely cause close to $50 million in insured losses in the United States, according to catastrophe modeling ...

May’s ‘Ring of Fire’ Storms Will Produce $2.5B in Insurance Claims: Karen Clark & Co.

Heavy wind, hail and rain storms—a "ring of fire" that struck most states east of the Rocky Mountains May 11-16—will likely produce substantial insurance claims, catastrophe modeling firm Karen ...

The Latest Launches From Karen Clark & Co. and AIR Worldwide

Karen Clark & Company released its new Severe Convective Storm Reference Model. AIR Worldwide Worldwide has introduced a new inland flood model for Japan, along with enhancements to its Japan ...

Hurricane Maria Insured Loss Estimates Vary Widely in Focus

Catastrophe modeling firms are beginning to issue preliminary estimates of the insured losses left in Hurricane Maria's wake. RMS Said Insured Losses Could Have Been Worse RMS predicted that the ...

The Latest Launches From QBE North America, Aon, Arch Insurance and More

QBE North America and Stateside Underwriting Agency will provide new products for mortgage-related professionals. Aon unveiled a service for companies struggling to comply with new EU data protection ...

RMS Hurricane Matthew Insured Loss Estimate: $5B in U.S., $3B for Caribbean

Hurricane Matthew-related insured losses are still being tallied, but RMS said that the number will reach as high as $5 billion in the U.S. and $3 billon in the Caribbean. The catastrophe modeling ...

$7B in Insured Losses: Karen Clark & Co.’s Hurricane Matthew U.S. Tally

Hurricane Matthew path of damage through coastal Florida, Georgia, South Carolina, North Carolina and Virginia, likely led to nearly $7 billion in insured losses, according to Karen Clark & Co. ...