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Catastrophe modeler Eqecat says floods in Central Europe are the most damaging since 2002, when insured losses nearly reached US$3.9 billion.

Catastrophe modeler Eqecat says floods in Central Europe are the most damaging since 2002, when insured losses nearly reached US$3.9 billion.

Catastrophe modeler Eqecat says it has finalized a multi-year agreement to be a part of competitor Risk Management Solutions open, cloud-based platform, RMS(one).

Catastrophe modeler Eqecat says it has finalized a multi-year agreement to be a part of competitor Risk Management Solutions open, cloud-based platform, RMS(one).

Hurricane Barbara hit Mexico's southern Pacific coast on May 29, flooding roads, toppling trees and killing two men before weakening to a tropical storm as it moved inland.

Hurricane Barbara hit Mexico's southern Pacific coast on May 29, flooding roads, toppling trees and killing two men before weakening to a tropical storm as it moved inland.

Damage caused by the massive storm system responsible for deadly tornadoes, including the one that struck Moore, Okla., has renewed the argument over a potential link between severe weather and climate change.

Catastrophe risk modeler Risk Management Solutions put insured losses from the Moore, Okla. tornado at $2 billion to $3.5 billion.