Hurricane Sandy appears to have easily caused more losses than last year’s Hurricane Irene, but final totals will be hard to come by for some time because of the scale of the disaster, catastrophe forecasting companies said on Tuesday. Sandy …
As of Sunday afternoon, Tropical Storm Rafael was moving away from the Leeward Islands after battering the islands with strong winds and heavy rain. Rafael, the 17th named storm of the Atlantic hurricane season, has maximum sustained winds of 60 …
“Stay hunkered down.” That’s the message local, state and federal officials are telling the people of New Orleans and the state of Louisiana in response to a lingering Hurricane Isaac, now Tropical Storm Isaac, that seems in no hurry to …
The drought in the U.S. agricultural heartland continues to deteriorate crops in the Corn Belt with no meaningful precipitation relief in sight. After the hottest July on record, insured losses from the 2012 drought are now expected to surpass losses …
According to catastrophe modeling firm AIR Worldwide, Typhoon Vicente, the 8th named storm to form in the Northwest Pacific this year, struck Hong Kong at 4 a.m. Tuesday (July 24, 2012). Accompanied by heavy rains, a central pressure of 950 …
According to catastrophe modeling firm AIR Worldwide, as of 8 a.m. today, Tropical Storm Debby was still a weak tropical storm on the Saffir-Simpson Hurricane Wind Scale, but it was drenching northern Florida and parts of southeastern Georgia with intense …
Catastrophe modeling firm AIR Worldwide issued the following advisory on Tropical Storm Debby this morning: According to catastrophe modeling firm AIR Worldwide, Tropical Storm Debby is the fourth named storm of the 2012 Atlantic hurricane season, currently has maximum sustained …
A severe line of thunderstorms and isolated super cells moved into the Dallas-Fort Worth-Arlington metropolitan area in the early afternoon on April 3 producing numerous tornadoes and large hail that was responsible for extensive damage throughout the region. Preliminary storm …
Boston-based catastrophe risk modeling firm AIR Worldwide hired John Elbl as vice president for the business development group. Elbl comes from Zurich Insurance Company, where he worked for the past 13 years. Most recently, he was global head of catastrophe …
Catastrophe modeling firm AIR Worldwide’s initial estimates for insured losses from Tropical Storm Talas are between JPY 12 billion ($150 million) and JPY 46 billion ($600 million). Talas is the season’s 12th named storm, the seventh severe tropical storm and …
