Winter Storm Targets Northeast

Times Square on Thurs., Jan. 2. (AP Photo) Times Square on Thurs., Jan. 2. (AP Photo)

A winter storm that could bring as much as 18 inches of snow to some areas is targeting the Northeast today and tomorrow, according to reports.

The National Weather Service says much of the region can expect light-to-moderate snow, but that parts of southern New England may see a period of heavy snow. NWS says some areas may also experience record-low temperatures.

Weather.com, the website for The Weather Channel, says two weather disturbances—one of which is brought snow to Milwaukee, Chicago and across the Great Lakes region—are converging to form “a single—and much more powerful—low-pressure system.”

This system, says Weather.com, will bring snow to the Northeast through Thursday and into Friday. The Weather Channel is calling for 5-8 inches at the southern part of the storm—including Philadelphia New York City—as well as the northern part of the storm, including Portland, Maine. Most areas in the Northeast affected by the storm will see 8-12 inches, and isolated areas, including Boston, could see up to 18 inches, according to The Weather Channel forecast.

Insurance Information Institute President Robert Hartwig says in a statement, “Severe winter storms are often the third-largest cause of insured-catastrophe losses in any given year—after hurricanes and tornadoes.”

The I.I.I., citing Property Claims Service for Verisk Insurance Solutions, says that, on an inflation-adjusted basis, insurers paid $27.8 billion in winter-storm claims to policyholders between 1993 and 2012, or $1.4 billion per year, on average.

Comments

Resource Center

View All »

Contractors General Liability Coverage 102

What is a prior work exclusion? Which option is right for my client? Why do...

Sign up today to get a 50% matching credit -...

Insurance marketing sometimes seems like it's a game of swings and misses, but we're here...

Guide: 5 Steps to Selling Cyber

Cyber risk and data security is on the agenda of every business owner and executive....

Citation Correlation

Do rigger and signalperson qualifications correlate with the cause of crane and rigging accidents? ...

Complete Guide to Electronic Signatures in Property & Casualty Insurance...

In property and casualty insurance, closing new business quickly is key. Learn how to leverage...

INSTANT ACCESS: Complimentary Sales Closer Questionnaires

Help property owners or managers compare your commercial residential property insurance coverage vs. the competition....

Determining Vacant Property Perils and Valuations

Are your clients fully covered for Vacant Properties? In this economic climate, your insureds may...

Risk Management for Law Firms

This package of 3 concise risk management articles offers straightforward content and practical suggestions law...

Guide: Top 15 E&O Risks-And How To Avoid Them

Accidents happen. But when it's an errors and omissions oversight, that accident can open your...

We'll Show You How to Reach Your Sales Goals

Whether you work alone or have a team of agents working for you, we can...

Personal Lines Pro eNewsletter

Critical insights into the personal auto, homeowners, and other consumer insurance markets to help P&C professionals stay informed – FREE! Sign Up Now!

Advertisement. Closing in 15 seconds.