major flooding News

AIR Worldwide: Storms in Texas Brought Up to 600% of Long-Term Average Rain Amounts

Catastrophe modeling firm, AIR Worldwide, reports that over the last several weeks, much of Texas has experienced 400 percent to 600 percent of long-term average rainfall amounts. The storms have subsided for now, but during the recent storm period many …

May U.S. Storm, Tornado Claims over $1Bn: Aon Benfield/Impact Forecasting

Impact Forecasting, Aon Benfield’s catastrophe model development team, has released its latest Global Catastrophe Recap report for the month of May. The report highlights the “powerful thunderstorms” that caused “major flooding across the U.S. states of Texas and Oklahoma during …