Catastrophes

9/22/2020 - 4 min read

Record-breaking West Coast infernos put a fresh focus on wildfire risk

Wildfires on the west coast have burned more than 5 million acres in 2020, renewing discussion in climate change's role in this growing peril.

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9/7/2020 - 1 min read

September 2020 preview: Historical catastrophe activity

The NOAA Climate Prediction Center has raised the likelihood of an above-normal 2020 hurricane season to an 85 percent chance.

8/18/2020 - 6 min read

California, Colorado wildfires show extreme behavior amid heatwave

Multiple major wildfires have scorched more than 170,000 acres combined in California and Colorado, with some fires showing extraordinary behavior.

8/12/2020 - 4 min read

Simplify the lender-insurer information exchange

The manual process needs automation, which can benefit both lenders and carriers

8/10/2020 - 3 min read

Why Lloyd’s underwriters need to consider casualty disaster scenarios

How Lloyd’s syndicates can identify and measure aggregations of insurance risk.

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8/7/2020 - 2 min read

2020 August preview: Historical catastrophe activity

The 2020 Atlantic hurricane season is still expected to be a busy one, despite a brief lull in activity after a fast start in May and June. Although the hurricane season officially started on June 1, the formation of tropical cyclones is possible at any time, as shown by the formations of tropical storms Arthur and Bertha on May 16 and 27 respectively.

8/5/2020 - 4 min read

Fast-spreading Apple Fire spurs evacuations in California

The Apple Fire prompted evacuations as it burned a portion of California’s Riverside County where 98 percent of the area was at high or extreme wildfire risk.

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7/20/2020 - 2 min read

Verisk 2020 wildfire risk analysis keeps pace with growing threat

With wildfire activity off to a quick start in 2020, Verisk’s latest FireLine® Risk Reports are now available to provide timely data on wildfire exposure.

7/9/2020 - 2 min read

Data helps unmask hail risk, a volatile peril with potentially hidden consequences

A new Verisk white paper, U.S. Hail Damage Insights, examines key topics and data for insurers concerning hail, which can cause damage that goes undetected.

7/8/2020 - 1 min read

July 2020 preview: Historical catastrophe activity

Last year tied for the second most active July in PCS® history, with seven designated catastrophes, including five wind and thunderstorm events, an earthquake, and a hurricane.

6/22/2020 - 13 min read

Modeling Fundamentals: So You Want to Issue a Cat Bond

In this article Harry White, CEEM, revisits our 2016 primer on the catastrophe bond issuance process to reflect changes in the cat bond market landscape and EES offerings

6/16/2020 - 2 min read

Crews battle fast-moving Bighorn, Mangum, and Bush fires as Arizona sees early start to activity

As the Bighorn Fire in Arizona grows rapidly near Tucson, Verisk’s FireLine wildfire risk management tool guides analysis of risk factors in the fire area.

6/8/2020 - 2 min read

June 2020 preview: Historical catastrophe activity

According to the forecast, there’s a 69 percent probability that at least one major hurricane (categories 3-5) could make landfall along the entire continental United States coastline.

5/27/2020 - 1 min read

Analyzing 2019 wildfire damage and property exposure

A new Verisk white paper, "Wildfire Risk Insight: An analysis of property exposure and wildfire damage in 2019," examines wildfire from multiple angles.

5/21/2020 - 3 min read

Valdivia Earthquake: The Strongest Ever Recorded

The Valdivia earthquake was a 9.5 Mw - great earthquakes are usually 8.0 Mw. Learn more about the greatest earthquake ever recorded.