Wildfire losses in the U.S. are increasing, but the risk is still considerably smaller than hurricanes, according to a new KCC white paper.
A wise statistician once said: "All models are wrong, but some are useful." The key to getting useful (accurate) model results is working with models that fit specific ...
The heavy precipitation seen earlier this year in California highlighted a meteorological event known as an atmospheric river (AR) — described as long, narrow corridors of water vapor that with the ...
Resolute Global Partners, an investment adviser specializing in insurance and reinsurance, announced the launch of "Footprint," a new type of reinsurance contract, which ...
Over the course of the last two weeks, Carrier Management and Insurance Journal have been reporting on estimates of insured losses from Hurricane Ian. Below is a summary of estimates announced by ...
Between the time Tropical Storm Ian moved from Florida on Thursday evening and the time it centered as a post-tropical cyclone near Myrtle Beach, S.C., early on Friday night, damage estimates from ...
Last week, Tropical Storm Fay became the earliest "F" named storm in the historical record, Karen Clark & Company reported yesterday, estimating that the storm will mean roughly $400 million in ...
