COMMERCIAL RISK EMERGING TRENDS FEATURED Homeowner/Renter/Auto P&C Recent Stories WRIN.tv Newswire Climate Change Affecting Insured Losses, but Hard to Quantify – Dr. Klotzbach, Colorado State University. There were significant insured losses from natural disasters in 2019, according to Dr. Phil Klotzbach, a research scientist in the Department of Atmospheric Science at Colorado State University (CSU). While there $45 billion in losses reported, it is difficult to say home much is that was driven by climate change. Still, climate change is affecting occurences of flood, wildfires and … Read More
Claims Management FEATURED Homeowner/Renter/Auto INDUSTRY NEWS P&C Recent Stories WRIN.tv Newswire CAT Report: Changing Focus from Recovery to Resilience. With the Hurricane Season underway, WRIN.tv speaks with Insurance Information Institute (I.I.I.) President and CEO Sean Kevelighan about the forecast for 2017, and a change in focus from ‘recovery’ to ‘resilience.’ Mr. Kevelighan drew from a recent announcement jointly published by the I.I.I., the Department of Atmospheric Science at Colorado State University (CSU) and the Tropical Meteorology Project (TMP), which forecasts “near-average … Read More
WRIN.tv Newswire 2016 Was The Most Active Atlantic Hurricane Season Since 2012 – I.I.I. Hurricane Season Recap NEW YORK, Dec. 1, 2016 /PRNewswire-USNewswire/ — The 2016 Atlantic hurricane season concluded yesterday with 15 named storms generating seven hurricanes, three of which were considered major ones, according to the Insurance Information Institute (I.I.I.). The National Oceanic and Atmospheric Administration (NOAA) said it was the busiest Atlantic hurricane season since 2012, when 19 named storms developed, and 10 … Read More
Companies Homeowner/Renter/Auto INDUSTRY NEWS Hermine losses could hit $500 million…but Florida CAT Fund and Citizens ok Hermine peaked as a Category 1 hurricane, the first to hit Florida since 2005. The storm system then crossed into the Atlantic Ocean leaving a path of destruction, power outages, severe flooding and two fatalities up and down the east coast. As the tropical storm lingered off the New England Coast, large waves continued to cause life-threatening surf and significant beach erosion. Early … Read More