Boston-based catastrophe modeling firm AIR Worldwide Corp. announced yesterday it has released an updated model for U.S. terrorism events using new data on injuries and bomb explosions.

The firm said release of the new U.S. Terrorism Model, available in Version 9.5 of its catastrophe risk management systems, incorporates two years of research into the effects of conventional bomb blasts in complex urban environments.

AIR said it has enhanced its damage functions to account for the varying impact of bombs in relation to the density of properties in close proximity to better reflect the local building environment for all locations in the United States.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • 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

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