catastrophe modeler News

KCC Projects Hurricane Ian Losses Will Top $60 Billion

Catastrophe modeler Karen Clark & Co. said Friday that Hurricane Ian will generate nearly $63 billion in losses to private insurers, which would make it the second-most expensive hurricane ever when compared to other estimates. “Hurricane Ian will be a …

Catastrophe Modeler Says Global Warming Increased Wind Losses by 11%

Global warming has already driven an 11% increase in insured wind losses and those losses will grow by an additional 10% to 19% by 2050, Karen Clark & Co. said in a paper released Monday. The catastrophe risk modeling firm …

Ida v. Katrina in New Orleans: Fewer People, Better Levees, Smaller Storm Surge

Hurricane Ida and Hurricane Katrina in 2005 made landfall within 50 miles of one other and each carried 150 mph winds at one point, but the amount of death and destruction caused by the two storms was vastly different because …

Busy Hurricane Season Does Less Damage, but Leaves Ominous Signs

The Atlantic Ocean has spawned lots of storms this season while doing much less damage than prior years. But warming waters promise trouble ahead. The 2019 Atlantic hurricane season, which ends Nov. 30, has been the eighth most-active in named …