2017 will be remembered for the number and scale of natural disasters that occurred in the United States. Hurricane Harvey and its aftermath of unprecedented flooding in Houston by itself was record-breaking in terms of the sheer size of the affected area. This was followed 2 weeks later by Hurricane Irma, which wreaked havoc on … Read more
This article originally published by the author on LinkedIn. Republished here with his permission. Normally we don’t publish customer facing articles, we are publishing this one because we thought it be helpful for other agents. As we help our clients close their claims after hurricane Irma, we encounter one consistent frustration: “I hate my hurricane deductible.” In … Read more
“We go out in the world and take our chances, Fate is just the weight of circumstances, That’s the way that Lady Luck dances, Roll the bones… Why does it happen?, Because it happens Roll the bones” Roll The Bones – Rush Here are many of the (non)-lessons I have learned from Hurricane Irma. … Read more
Today we have the third part of our series on Catastrophe Modeling. Click here for part one and here for part two. “If you challenge conventional wisdom, you will find ways to do things much better than they are currently done.” Bill James (author of Baseball Abstracts and Godfather of “ Moneyball”) In this, my final … Read more
Today we have part two of our our series on Catastrophe Models. You can read part one here. “You stop sending me information, and start getting me some.” Gordon Gekko In this, the second part of our series on CAT models, we will go into the guts of a catastrophe (CAT) model and explain how they … Read more