Karen Clark & Co. News

Karen Clark & Company Releases Updated U.S. Earthquake Model

Karen Clark & Company (KCC) released a new U.S. earthquake Reference Model as part of the RiskInsight open loss modeling platform. The earthquake model is based on the latest 2014 US Geological Survey (USGS) report incorporating updated seismicity assumptions and …

U.S. Coastal Regions Hold Bulk of Insured Property Values

U.S insured property values as of 2014 exceed $90 trillion, but the bulk of that is increasingly concentrated in vulnerable coastal areas. With that in mind, new risk metrics could better help monitor exposures, Karen Clark & Co. concluded in …

Karen Clark & Company Report Examines Superstorm Sandy at One-Year Anniversary

Karen Clark & Company (KCC), independent experts in catastrophe risk, catastrophe models and catastrophe risk management, issued a report in conjunction with the one-year anniversary of Superstorm Sandy that estimates $300 billion of property value in Sandy’s flood footprint and …

Study: Hurricane Andrew Three Times as Costly in 2012

There have been 28 storms in U.S. history since 1900 which if they were happen today would each cause $10 billion or more in insured losses. Experts at catastrophe risk management firm Karen Clark & Co. (KCC) said they examined …