June 23, 2022
This content was recently published in the Blogs section of RMS’ website. It is republished here with permission. With June 1 heralding the official start of the 2022 North Atlantic hurricane season, Tropical Storm Alex already on the scoreboard, and …
December 6, 2021
New results show North Atlantic hurricanes have increased in frequency over the last 150 years Jennifer Chu | MIT News Office When forecasting how storms may change in the future, it helps to know something about their past. Judging from …
June 10, 2021
RMS remains first and only risk modeling company to offer hurricane models certified by the FCHPLM on both on-premises software and a cloud platform simultaneously Newark, Calif. – June 10, 2021 – Today, RMS, the world’s leading catastrophe risk modeling …
September 12, 2017
Twenty miles may have made a $150 billion difference. Estimates for the damage Hurricane Irma would inflict on Florida kept mounting as it made its devastating sweep across the Caribbean. It was poised to be the costliest U.S. storm on …
July 12, 2017
RMS, the Newark, Calif.-based risk modeling and analytics firm, has introduced typhoon models for wind and flood for South Korea and Taiwan, plus four new earthquake models for Singapore, Malaysia, Thailand and Vietnam. This launch augments the company’s existing suite …
October 29, 2015
When the latest computer forecast models couldn’t figure out where major Hurricane Joaquin was headed earlier this month, the National Weather Service ordered extra launches of one of its oldest tools — the weather balloon. Twice a day, in what …
August 20, 2015
Hurricanes hold lots of secrets. Unlocking them can help forecasters predict the next steps the deadly storms will take. That, in turn, will help improve computer forecast models and give meteorologists a better understanding of each system. As the forecasting …
May 29, 2015
Colorado State University’s annual benchmark forecast for Atlantic hurricanes is unlikely to change significantly when it is updated June 1, according to CSU hurricane expert Phil Klotzbach, as the increasing likelihood of moderate to strong El Nino conditions in the …
May 20, 2013
Just in time for the 2013 hurricane season, Karen Clark & Co. (KCC), a catastrophe risk and modeling firm, has released a scientific tool for creating hurricane tracks and wind speeds. Named WindfieldBuilder, the tool enables property/casualty insurance companies to …
August 23, 2012
Frustrated by rising premiums, reduced coverage and a single market, citizens and officials in the Florida Keys are hoping to convince catastrophe modelers, insurers and reinsurers that their islands are not as big a risk for wind damage as they …