Weather Risk

It took the devastation from the 1992 storm for the insurance industry to embrace catastrophe modeling. Since then, new techniques have been developed to give a better idea of an insurer's loss potential.

It took the devastation from the 1992 storm for the insurance industry to embrace catastrophe modeling. Since then, new techniques have been developed to give a better idea of an insurer's loss potential.

The Atlantic should have a near-average storm season, producing four to eight hurricanes before it ends in November, according to NOAA Administrator Kathryn Sullivan.

A storm that would be named Bonnie threatens holiday cookouts and celebrations along the U.S. coast from North Carolina to Georgia over the Memorial Day weekend.

When the Atlantic hurricane season starts next week, the most active area might just be off the U.S. East Coast.

A total of 2,116,980 hail loss claims were processed from Jan.1, 2013 through Dec. 31, 2015.

A total of 2,116,980 hail loss claims were processed from Jan.1, 2013 through Dec. 31, 2015.

Think of it as Mother Natures roller-coaster ride: the shift between the weather patterns known as El Nio and La Nia that, at their worst, can cause havoc worldwide.