Hurricane Irene

Hurricane Forecasts: The Uncertainty of Frequency and Severity

The beginning of the 2012 hurricane season is upon us. It’s too soon to tell whether the winds will blow, but one thing is certain: Nothing will prevent a land-falling hurricane. For the past 15...

Social Media: Information Sharing and Insurance

For the property/casualty insurance industry, 2011 was a remarkably “sharing” year. I don’t mean what you think. I’m talking about sharing on social media websites. Of the eleven most shared events...

Winter: A Season of Claims

The October 29 snowstorm on the East Coast reminded us that winter is fast approaching — and that none of us can know for certain what’s going to happen next. As described in Insurance Journal ,...

How do you mitigate losses from extreme weather events?

For many insurers, 2011 will go down in history as one of the costliest years ever for weather-related losses. In the spring, we had deadly tornadoes and powerful hailstorms. Later on, it was...