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 »

Top 10 Legal Requirements for E-Signatures in Insurance

Want to make sure you’ve covered all your bases when adopting e-signatures? Learn how to...

Get $100 in leads with $0 down!

NetQuote's detailed, real-time leads have boosted sales for thousands of successful local agents across the...

The Growing Role of Excess & Surplus Lines in Today’s...

The excess and surplus market (E&S) provides coverage when standard insurance carriers cannot or will...

Increase Sales Conversion with this Complimentary White Paper

This whitepaper will share proven techniques - used by many of the industry's top producers...

D&O Policy Definitions: Don't Overlook These Critical Terms

Unlike other forms of insurance where standard policy language prevails, with D&O policies, even seemingly...

Environmental Risk: Lessons Learned from Willy Wonka and the Chocolate...

Whether it’s a chocolate factory or an industrial wastewater treatment facility, cleanup and impacts to...

More Data, Earlier: The Value of Incorporating Data and Analytics...

Incorporating more data earlier in claims lifecycles can help you reduce severity payments by 25%*...

How Many Of Your Clients Are At Risk Of Flood?

Every home is vulnerable to flooding. Learn four compelling reasons why discussing flood insurance with...

Gauging your Business Intelligence Analytics Capabilities and the Impact of...

Big Data, Data Lakes and Data Swamps, How to gauge your company's Big Data readiness....

Extending Contact Center Capabilities Across the Insurance Enterprise

Today advancements in technology are making a big impact on business and society. To yield...

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.