Historically, we have always had tornado’s and straight winds, some years higher than others. Has nothing to do with man. El Nino & La Nina and sun spots have a lot to do with it.
Properly regulated P/C insurers should have sufficient “cat” loading in their property rates to handle this increased exposure with adequate reserves and/or reinsurance. If not, they should hire actuaries who are capable of promolgating rate adequacy using math methodologies more demonstrative than simply making calculations based on counting on fingers.
Historically, we have always had tornado’s and straight winds, some years higher than others. Has nothing to do with man. El Nino & La Nina and sun spots have a lot to do with it.
Down vote me hoaxers. I couldn’t care less.
Dinosaurs will die.
Properly regulated P/C insurers should have sufficient “cat” loading in their property rates to handle this increased exposure with adequate reserves and/or reinsurance. If not, they should hire actuaries who are capable of promolgating rate adequacy using math methodologies more demonstrative than simply making calculations based on counting on fingers.