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The National Weather Services Storm Prediction Center has issued an unusual high-risk warning a day in advance for the central United States.

The National Weather Services Storm Prediction Center has issued an unusual high-risk warning a day in advance for the central United States.

U.S. insured losses in March from severe weather are expected to pass $1.8 billion, according to Impact Forecasting, the catastrophe-model-development center for Aon Benfield.

U.S. insured losses in March from severe weather are expected to pass $1.8 billion, according to Impact Forecasting, the catastrophe-model-development center for Aon Benfield.

The accumulation of data and the usage of that data in catastrophe modeling is a delicate business.

Uncertainty in the science of catastrophe risk, and how this translates into modeling, has always been a hot topic, not least following Risk Management Solutions updates to its U.S. Hurricane and Europe Windstorm models last year.

RiskMeter.com, a provider of real-time natural hazard risk reports, announces it has added a second data source to its building characteristic report. This additional source will enable users to improve underwriting and catastrophe modeling results by appending more building characteristic information to their policies. Pre-filling this information can...

Anumber of recent reports conclude that commercial-insurance rates were up in 2011s fourth quarter and are likely to remain in positive territory through 2012. But factors such as macro-economic conditions and loss-cost trends will limit insurers ability to generate underwriting profits, and carriers will have to look elsewherefor example, mergers...