Claims News Service, Dec. 20, 9:20 a.m. EST -- Windstorm-exposedcoastal and inland properties need to become better prepared forstorms and hurricanes, according to members of the CasualtyActuarial Society.

The organization, which provides education and research to helpits members better evaluate hazard risks, recently held theirannual meeting in Baltimore, Md.

Panelists from the conference stated that they believe hurricaneanomalies experienced in the 2004 and 2005 hurricane seasons areinevitable over the long term. They assert that actuarial modelsalready include worse storms in their ultimate scenarios.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.