EQECAT Commentary On California Wildfires
EQECAT sent out to clients today (10/25/2007) at 2:45pm (Eastern Time):
Southern California is currently ablaze with at least 16 significant wildland fires, and tens of thousands of households evacuated. EQECAT estimates that insured losses to date have exceeded $1 Billion, with the expectation that the losses will... Full Story
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Eqecat Issues Release 3.10, The Next Generation Atlantic Basin Hurricane Model
First Modeler To Offer Optional Detailed Modeling Of Storm Surge Risk Along U.S. Mainland, Which Includes Incremental Flood Damage Due To Hurricane Rainfall
EQECAT,Inc., a subsidiary of ABSG Consulting Inc., and the leading authority on extreme-risk modeling, announced today the availability of Release 3.10 of EQECAT catastrophe management software, which includes its next generation model for... Full Story
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Hurricane Humberto Bears Down on Louisiana and Texas
Fast developing storm set to hit Gulf Coast
...Hurricane Humberto entering southwestern Louisiana...
A hurricane warning remains in effect from east of High Island Texas
to Cameron Louisiana.
A tropical storm warning remains in effect from east of Cameron to
Intracoastal City Couisiana Full Story
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EQECAT INITIAL ESTIMATES OF INSURED LOSSES FROM HURRICANE DEAN
Insured Losses >From The Lesser Antilles Islands To Jamaica Could Range Between $1.5 Billion And $3 Billion Based On Current Storm Information
EQECAT, Inc., Oakland, Calif., the leading authority on extreme-risk modeling, Sunday afternoon (eastern time) said, based on current storm information provided by the National Oceanic and Atmospheric Administration (NOAA), initial estimated... Full Story
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Bridge Concerns Become a National Issue
In the wake of the 8/1 I-35 bridge collapse in Minneapolis, MN, concerns about the conditions of bridges has spread across the nation. Full Story
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Travel Trailer and Mobile Home Sales Program Update
In an effort to help displaced residents of hurricanes Katrina and Rita with their continued housing needs, the Federal Emergency Management Agency (FEMA) launched the travel trailer and mobile home sales to occupants program in April 2007. Full Story
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Increased Hurricane Activity Expected In 2007
But Precise Predictions Should Be Ignored, Warn Carvill
Hurricane activity in the Atlantic basin is expected to be above average in 2007, but precise predictions cannot be relied upon, according to a white paper published today by ReAdvisory, the analytical arm of leading specialty reinsurance... Carvil Full Story
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Listen to an iPod during a storm and you may get more than electrifying tunes
Listen to an iPod during a storm and you may get more than electrifying tunes.
A Canadian jogger suffered wishbone-shaped chest and neck burns, ruptured eardrums and a broken jaw when lightning traveled through his music player's wires. Full Story
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Proenza Out as Hurricane Center Chief
July - 9. National Hurricane Center Director Bill Proenza lost his job today, in response to an unprecedented and unseemly mutiny that left him without significant support from his employees in South Florida or his bosses in Washington. Full Story
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ESIS Announces Top Ten Precautions To Take When Exposed to Hot Weather
What Every Outdoor Worker Should Know
According to the National Climatic Data Center, 175 Americans die annually due to the effects of summer heat. Additionally, heat takes more lives than lightning, hurricanes, tornadoes, floods or earthquakes. Full Story
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Losses Estimated at $25 Million in DFW Storm
fast moving storm that slammed into the Dallas/Fort Worth area Friday night spawned tornadoes and large hail and caused an estimated $25 million in insured losses. Two people including an Irving police officer lost their lives in storm-related accid Full Story
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Florida Public Adjusters Have Fees Capped
12/28/06 - The maximum fee that public adjusters can charge for tornado victims... is capped at 10 percent of the claim payment. Full Story
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A.M. Bests 2006 Annual Earthquake Study:
$100 Billion of Insured Loss in 40 Seconds
October 16, 2006 - With the potential for an Oakland-St. Louis World Series this year, Major League Baseball might have wanted to take out some earthquake insurance... Full Story
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Increasing Natural Catastrophe Risk
AIR Worldwide President and CEO Warns Members of Congress and Staff
June 13, 2006--AIR Worldwide President and CEO, Karen Clark, will advise Members of Congress and their senior staff today that hurricanes and earthquakes have the potential to cause insured losses in excess of $150 billion and total economic losses a Full Story
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Roseville Receives Highest Flood Insurance Rating
June 2, 2006--The City of Roseville's aggressive flood mitigation efforts have earned it top honors in the federal government's Community Rating System, making it the first community in the nation to receive a "Class 1" status for its Full Story
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BestWeek: Thinking the Unthinkable:
How 'Mega-Cats' May Bruise Insurers
June 2, 2006--A Category 4 hurricane plows ashore just north of Atlantic City, N.J., pummeling costly oceanfront vacation homes and swank casinos before it drives northward into New York state and eastern Canada. Full Story
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Insurer-Reinsurer Relationships After the Storm
GE Insurance Solutions Shares the Do's and Don'ts
April 6, 2006--Just as a 90-mile-an-hour wind can cause serious property damage, it can also threaten some vital relationships along the insurance value chain. Full Story
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Are Insurers Prepared for the Perfect Storm?
Observations in New Paper from GE Insurance Solutions
Feb. 23, 2006--While increased frequency of hurricanes is nothing new in historical terms, the enormous growth in coastal population and development is dramatically increasing the potential for insured losses... Full Story
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Allstate Offers Advice for Minimizing Flood Danger
Dec. 29, 2005--With Northern California rivers and reservoirs at their highest levels in seven years and with additional storms forecasted over the coming week... Full Story
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