Loss Cost

6/4/2019 - 1 min read

June 2019 preview: Historical catastrophe activity

June marks the official start of the Atlantic hurricane season (June 1 – November 30). According to forecasters, 2019 will be a slightly below-average season for the area that covers the Atlantic Ocean, Gulf of Mexico, and Caribbean Sea.

5/6/2019 - 1 min read

May 2019 preview: Historical Catastrophe Activity

May is normally an active month for catastrophes and leads up to the beginning of the hurricane season, which runs from June 1 to November 30 in the Atlantic basin and from May 15 to November 30 in the Eastern Pacific.

4/2/2019 - 1 min read

April 2019 preview: Historical catastrophe activity

Historically, April is an active month for violent tornadoes. There have been more violent tornadoes—EF4 and EF5—in April than any other month from 1950 through 2013. And just last year, there were 146 tornado reports for the month.

The most active March in the past ten years was in 2016, when PCS designated seven catastrophes, all wind and thunderstorm events

3/5/2019 - 1 min read

March 2019 preview: Historical catastrophe activity

Spring arrives in the Northern Hemisphere on March 20, but winter storms and other severe weather may still occur this month.

Ca18076 Visualized 533x355 2019 0112 Va2

2/4/2019 - 1 min read

February 2019 preview: Historical catastrophe activity

While winter storms are common in February, there are other catastrophe risks that historically have made an impact during the month.

12/5/2018 - 1 min read

December 2018 preview: Historical catastrophe activity

As the Atlantic hurricane season comes to an end, we look to December and examine historical catastrophe trends for the month.

10/3/2018 - 2 min read

October 2018 Preview: Historical Catastrophe Activity

October marks the end of peak hurricane season. While the fourth quarter generally tends to be less active than the third, insurers should still be vigilant in preparing to assist policyholders in case of late-season events.

9/5/2018 - 2 min read

September 2018 Preview of Historical Catastrophe Activity

It’s becoming more likely that we’ll have a mild Atlantic hurricane season, as forecasters from the NOAA Climate Prediction Center have raised the likelihood of a below-normal season to 60 percent.

7/9/2018 - 3 min read

Puerto Rico loses billions from Maria, and insurers are still counting

12/7/2017 - 3 min read

Natech and the liability implications from natural catastrophes

The insurance impact of natural disasters could extend beyond property insurance to result in significant casualty losses, a phenomenon known as Natech.

10/13/2017 - 2 min read

Dangerous driving is costing billions

Cars today are safer than ever. Yet Americans are driving more dangerously, and it’s costing billions in property damage and lost quality of life.

8/15/2017 - 4 min read

For actionable building information, you need to COPE

Insurers need high-quality information on construction, occupancy, public and private fire protection, and exposure—otherwise known as COPE.

7/19/2017 - 3 min read

Portfolio Assessment services: Plugging the holes from premium leakage

5/15/2017 - 2 min read

Surprising Trends in Auto Claims Frequency and Severity

Indications are Americans will drive more but crash less—welcome news. Yet despite the decrease in the number of accident claims, auto insurance loss costs are mounting.

4/5/2017 - 5 min read

Auto physical damage costs reveal the price of safety