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. Catastropic January storms since 2007 have caused nearly $5.9 billion in insured losses.
PCS Mobile gives claims professionals convenient access to real-time information about catastrophes and impending severe weather events.
The most active years for August catastrophe events were 2007, 2008, and 2013 with four catastrophe storm designations.