CoreLogic, a global property information, analytics and data-enabled services provider, released a new version of its EQECAT natural catastrophe modeling platform which contains three new proprietary risk models that quantify and analyze the potential financial impact of catastrophic natural hazards …
Flooding and mudslides in Colorado this month caused more than $2 billion in economic losses, most of it uninsured, according to catastrophe risk modeler Eqecat. The estimate includes damage to homes and roads, lodging expenses for displaced people and the …
Catastrophe modeling firm Eqecat announced that it has finalized an agreement to share exposure data schemas with another major catastrophe modeling firm, Risk Management Solutions (RMS). The agreement recognizes the need in the industry for a data standard, according to …
Bill Keogh has resigned as president of catastrophe risk modeling firm EQECAT, according to the company, and Paul Little has been named to succeed him. The company said Keogh resigned to pursue other insurance interests. Keogh was named president in …
Widespread power outages and subway shutdowns may wind up making Superstorm Sandy the second most expensive storm in U.S. history, according to the forecasting firm Eqecat. That would rank it right behind Hurricane Katrina. Eqecat said Thursday that the damage …
Investors who have put their money into specialist financial bonds which cover insurance companies from huge natural disasters are unlikely to be hit with big losses from monster storm Sandy even though it is one of the biggest ever to …
Hurricane Isaac has caused up to $1 billion in economic losses for offshore energy properties and up to $1.5 billion in insured losses onshore in Louisiana and neighboring states, disaster modeler Eqecat said on Wednesday. While the estimates are early …
March came in like a very large and powerful lion, spawning severe weather across the Midwest, interior south and southeast United States. Insured losses from the tornadoes, hail and high winds that struck in late February and early March may …