Top 10 historical hurricanes: What would they cost today?
Before this summer's hurricanes Harvey and Irma broke the 11-year "drought" of major U.S. hurricane landfalls, most people probably thought that as many as six of the top…
Property/Casualty insurance industry's net income drops 29.2 percent in first-half 2017
The private U.S. property/casualty insurance industry saw its net income after taxes drop to $15.5 billion in first-half 2017 from $21.8 billion in first-half 2016—a 29.2…
Notes from the AIR damage survey team in Florida
On Saturday, September 16, an AIR damage survey team headed to southwest Florida to conduct damage surveys following Hurricane Irma's second U.S. landfall on Marco…
AIR estimates insured losses for Hurricane Irma's impacts in the United States
AIR estimates industry insured losses in the United States resulting from Hurricane Irma range from $20 billion to $40 billion. Note that these estimates are based on the…
Estimating Harvey's toll on the energy sector
Hurricane Harvey has profoundly disrupted drilling and refinery operations along the U.S. Gulf Coast, which sits at the center of the world's petrochemical, refining, and…
AIR releases estimates for total property damage, insured losses from Harvey
AIR Worldwide estimates total property damage from Hurricane Harvey's flooding at $65-to-$75 billion. Industry insured losses from wind, flood, and storm surge combined…
The ever-shrinking cone of uncertainty
The cone of uncertainty graphically indicates the historical margin of error in the meteorologist's forecast track for the center of a tropical cyclone.
Climate change and U.S. hurricane landfall probability
Most scientific research on the influence of climate change on hurricane activity has focused on the relationship between warm Atlantic Ocean conditions and tropical…
What demand surge might look like in this year's hurricane season
The 2017 U.S. hurricane season is just starting up, so it's a good time to take a look at how demand surge could impact losses this year.
A weather eye for risk: Possibilities soar with GOES-16 satellite launch
Designated GOES-R prior to launch, the satellite became GOES-16 after successful initial on-orbit checkout when it joined NOAA's constellation of weather satellites in…
How to think probabilistically about Q1 catastrophe losses in the U.S.
The headlines are everywhere, from the insurance trade publications to the Wall Street Journal. U.S. insurance companies are scrambling to explain higher quarterly losses…
What makes a major March Nor'easter?
AIR's Dr. Peter Sousounis explains why strong nor'easters in March are not as uncommon as one may think.
AIR: Hurricane Matthew insured losses may approach $9 billion
Catastrophe modeling firm AIR Worldwide estimates insured property losses along Hurricane Matthew's deadly and destructive track up through the Caribbean and the…
California burning: An analysis of the summer 2015 wildfires
With at least seven lives lost and thousands of properties destroyed from raging wildfires, the summer of 2015 was one of terrible devastation for Northern California.
FireLine examines California's Valley and Butte wildfires
In September 2015, two fires in Northern California—the Butte and Valley Fires—burned through nearly 147,000 acres and set 1,600 properties ablaze.