Ted Gregory is manager, Property Claim Services (PCS). PCS is a Verisk Analytics (Nasdaq:VRSK) business.
With winter on its way, we look ahead to January cat event risks. Catastrophic January storms since 2007 have caused nearly $5.9 billion in insured losses. PCS has designated 16 catastrophes during the month of Januar...
PCS-Mobile is now available for Android as well as iPhone users. The app gives claims professionals convenient access to real-time information about catastrophes and impending severe weather events. PCS-Mobile provide...
Traditionally, hurricane season runs from June 1 to November 30. While forecasters have generally predicted a near-normal hurricane season for this year, there have been a small number of unusual storms thus far....
The Atlantic hurricane season runs from June 1 to November 30. Although forecasters predict average activity for this year, we’ve already experienced the first tropical event of the season, Hurricane Alex—unusual...
PCS-Mobile has been updated to give users even more vital information on the go. The new enhancements allow users to both view and upload photos and videos right from the field during or after catastrophes. The...
To the U.S. insurance industry, the month of May signals that hurricane season is right around the corner—with claims teams preparing for an unpredictable next few months. Significant catastrophe activity has occurred...
Between 1950 and 2013, the month of April saw more violent tornadoes—EF4 and EF5—than any other month. Over the past ten years, there have been 267 tornadoes on average in April in the United States. The April 2011...
During the month of March between 2006 and 2015, Property Claim Services ® (PCS ® ) designated 28 weather-related catastrophe events. Those events caused approximately $12 billion in insured losses and resulted in 2.1...
From 2005 through 2015, Property Claim Services ® (PCS ® ) designated 29 catastrophes during the month of February, which included 27 weather-related events and two workers' compensation events, collectively causing...
Property Claim Services ® (PCS ® ) has designated 15 catastrophes, 11 winter storms, and four wind and thunderstorm events during the month of January since 2006, resulting in $5.7 billion in insured losses. The large...