Weather Whiplash: A Growing Insurer Concern

Overview

A reduction in pole-to-equator temperature differences resulting from climate change is also contributing to disruptions in the polar vortex and to slow moving intense weather systems—ingredients for weather whiplash events such as wildfire inducing droughts and wildfires followed by snow or heavy rains.

In this article (original published in the Q4 issue of Carrier Management magazine Judah Cohen and Peter Sousounis from the Atmospheric and Environmental Research and Extreme Event Solutions businesses of Verisk, review these conditions and damage estimates from past whiplash events, as well as the insurance implications for the future.