Risk Management Solutions News

Tropical Storm Sandy on Track to Become Hurricane

Late Monday, Sandy became the eighteenth named storm of the 2012 Atlantic hurricane season. According to the National Hurricane Center, Sandy is expected to strengthen during the next 24 hours and become a hurricane on Wednesday– before reaching Jamaica. The …

2012 Hurricane Season at Halfway Point

Thus far, the 2012 Atlantic hurricane season that is about at its midpoint has seen 14 tropical storms, with seven strengthening to hurricane status. According to catastrophe modeling firm Risk Management Solutions (RMS), the current hurricane season has been active: …

Hurricane Isaac Insured Losses to Reach $1-$2 Billion: RMS

U.S. insured losses from Hurricane Issac’s wind and surge impacts on the U.S. Gulf Coast will fall between USD$1−2 billion, excluding rainfall driven flood losses and all National Flood Insurance Program losses, estimates catastrophe modeler Risk Management Solutions (RMS). This …

RMS Update on Tropical Storm Debby in Florida

Catastrophe modeling firm Risk Management Solutions (RMS) issued the following update on Tropical Storm Debby this morning, Tuesday, June 26: Over the last 24 hours, Tropical Storm Debby (located over the northeast Gulf of Mexico) has slowly moved towards the …