Three days of intense rainfall in many areas of Colorado has resulted in severe, widespread flooding and collapsed homes, according to Boston-based catastrophe modeler Air Worldwide. The greatest threat is to cities along the Front Range, including the city of …
The week-and-a-half-old wildfire in Yosemite is seen by some as a harbinger of what could be a “worst case scenario” when California enters its typical wildfire season in October – continued drought, lots of unburned fuel and a weather outlook …
Hailstorms that struck Germany at the end of July may have caused as much as $2 billion in damage, catastrophe modeler AIR Worldwide said on its website. Damages from the storms, which pounded northern and southern areas of the country, …
AIR Worldwide reported that it has updated its Multiple Peril Crop Insurance (MPCI) Models for the United States and China. “These are weather-based models that estimate underwriting gains and losses based on crop yield probabilities in the context of current …
Catastrophe modeling firm AIR Worldwide promoted Bill Churney to the newly-created position of chief operating officer. Based in AIR’s Boston headquarters office, Churney will have immediate responsibility for all product management, software product development, global business development, marketing, consulting, and …
It was a doozy. Flying, biting killer sharks literally whipped into a frenzy by freak tornadoes wreaked havoc on Los Angelenos. The catastrophe played out on the Syfy Channel on Thursday night, lighting up Twitter as the top trend all …
AIR Worldwide reports that “days of heavy rain across the mountainous Yunnan and Sichuan provinces of southwestern China have caused widespread flooding and triggered landslides. Official reports state that 99 centimeters (39 inches) of rain fell in the city of …
Catastrophe modeling firm AIR Worldwide reports that “after days of heavy precipitation, a torrential thunderstorm on July 8th dropped an additional ten centimeters [app. 4 inches] of rain on Canada’s largest city, Toronto, in just four hours. “The storm triggered …
Catastrophe modeling firm AIR Worldwide estimates that insured losses in Germany from the recent floods in Central Europe are between €4.0 billion [$5.28 billion] and €5.8 billion [$7.66 billion]. The overall economic impact is expected to be much higher. While …
Catastrophe modeling firm AIR Worldwide has released a report on the current heavy rains and floods that have inundated large parts of Central Europe during the past several weeks, causing “some of the worst floods seen in the area in …
