Two of the industry’s predictive modeling firms were shuttered last week after being caught off-guard by natural disasters.
California-based MRS said it was putting out a press release when the cleaning lady looked out the window and saw cars being swallowed up by the earth. “She saved us,” said Ed “Hurricane” Ali, chief actuary. “She’s got quite a job ahead of her cleaning up though.”
ARI, based in Boston, was tracking the California earthquake when the receptionist got a call about driving rains coming up from Cape Cod.
“This storm was not supposed to arrive for another 99 years,” said Karly Clarkson, founder.