Karen Clark & Company News

Here’s What a Category 5 Hurricane Could Do to Florida

Florida hasn’t suffered a category 5 storm since Hurricane Andrew hit the north Miami area on Aug. 24 1992, but the risk of such a storm has not gone away or even declined. In fact, the state’s risk of destruction …

25 Years Later…What If an Andrew-Type Storm Hit Florida Today?

Though Florida hasn’t suffered a category 5 storm since Hurricane Andrew hit the north Miami area on Aug. 24 1992, the risk of such a storm has not gone away or even declined. In fact, the state’s risk of destruction …

25 Years Later: How Florida’s Insurance Industry Has Changed Since Hurricane Andrew

Aug. 24, 1992 was anything but a typical Monday for Robert Reynolds as he drove through debris-filled roads and devastation on the way to his family-run agency then located just north of Homestead, Fla. Hurricane Andrew had just barreled through …

Florida’s First Hurricane in 11 Years ‘Could Have Been a Lot Worse’ for Industry

The 11-year hurricane drought in Florida is officially over. While preliminary damage estimates and claims are still trickling in from Hurricane Hermine, Florida’s first named hurricane since 2005, the consensus from the insurance industry is it could have been a …

Karen Clark & Co. Announces 2 Additions to Senior Management Team

Karen Clark & Co. (KCC), a catastrophic risk management consulting and modeling firm, announced two additions to its senior management team — Nozar Kishi and Christopher Mossey. Kishi assumes the role of vice president, Model Development, and will lead several …

Karen Clark Adds US Earthquake Reference Model to Modeling Platform

Karen Clark & Company (KCC) has released a new US earthquake Reference Model as part of the RiskInsight open loss modeling platform. The earthquake model is based on the latest 2014 US Geological Survey (USGS) report incorporating updated seismicity assumptions …

Karen Clark & Company Updates RiskInsight Modeling Platform

Software product and consulting service provider Karen Clark & Company (KCC) has released RI4, an update to the RiskInsight open loss modeling platform. The update includes enhanced global mapping capabilities, more detailed and interactive underwriter and CEO dashboards, and advanced …

Report: Florida Cities Most Vulnerable to Storm Surge

Four of the top eight cities most vulnerable to a major storm surge are located in Florida, according to a new report released by Karen Clark & Company (KCC). The 2015 “Most Vulnerable U.S. Cities to Storm Surge Flooding” study …

Report Looks Back at Why Sandy Caused So Much Flooding Damage Along Coast

Karen Clark & Company (KCC), independent experts in catastrophe risk, catastrophe models and catastrophe risk management, issued a report in conjunction with the one-year anniversary of Superstorm Sandy. One of the issues the report looks at is why the storm …

Karen Clark & Co. Report Looks Back at New England Hurricane of 1938

Karen Clark & Company, independent experts in catastrophe risk, catastrophe models and catastrophe risk management, issued a report, in conjunction with the 75th anniversary of the Great New England Hurricane, examining the impact of a comparable storm making landfall today. …