Risk Management

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.

The 2016 hurricane season ended November 30 with two PCS® catastrophe designations from Atlantic Basin hurricanes that made landfall in the United States.

The 2016 hurricane season will come to an end on November 30. So far this year, two catastrophes have been designated as tropical events.

The Connecticut Department of Motor Vehicles no longer requires auto insurers to file reports through Motor Vehicle Insurance Compliance Reporting System.

As October approaches, so does the end of peak hurricane season, however, insurers should still be vigilant.

Tennessee announced progress in its goal to have all carriers submit their Book of Business (BoB) files to its Electronic Insurance Verification System (EIVS) by Oct. 1, 2016.

While forecasters have predicted a relatively normal hurricane season for this year, there have been five named storms in the Atlantic thus far.

PCS Mobile gives claims professionals convenient access to real-time information about catastrophes and impending severe weather events.

Unfortunately, 2016 has been an active year for terror.

Tennessee is gearing up for the release of EIVS error files to insurers who previously submitted their book of business with the state.

The most active years for August catastrophe events were 2007, 2008, and 2013 with four catastrophe storm designations.

Taking a look at significant weather activity in 2016 to date, we saw a rare January hurricane, Alex, as well as Tropical Storm Bonnie in May.

Oklahoma Governor signed new law that permits the use of automatic license plate reader systems by law enforcement officials.

For best risk management results, insurers should communicate directly with those decision makers in a policyholder’s business.