partner login

BMS News

BMS Tropical Update 8/24/2015 12PM CDT

By: - August 26th, 2015

This is a quick tropical-storm update for the group as activity in the Atlantic Ocean heats up this week. You might have noticed named storm Danny is no longer a threat and has been discontinued by the National Hurricane Center (NHC). Instead, it is now an open tropical wave as […]

Read More

Active Severe Weather Season? Yawner Hurricane Season? – Think Again

By: - July 10th, 2015

After the long winter much of Eastern North America experienced, it is sad to say we are rapidly approaching mid-summer. This also means we are past the climatological peak of the U.S. severe weather season, and fast approaching the peak of the Atlantic hurricane season which occurs around September 10th. […]

Read More

Severe Weather Halfway Point

By: - May 29th, 2015

As we approach the climatological peak, I want to provide an update on the North American severe weather season and paint a picture of what the rest of the season might yield. Besides the latest round of severe flooding in the South Central U.S., there has not been a noteworthy […]

Read More

50th Anniversary – Insurance Retrospective of May 6, 1965 MSP Tornadoes

By: - May 6th, 2015

50 years ago today, the upper Midwest was devastated by an outbreak of severe weather. A similar storm today would result in what might be one of the largest-ever severe thunderstorm losses to the insurance industry. For four consecutive days in May 1965, severe weather, including 37 significant tornadoes, of […]

Read More

Moore, OK Tornado Frequency

By: - March 26th, 2015

Over the last two days, severe weather has returned to the Central Plains in the U.S. This recent outbreak was by no means historic but it has become the most active severe weather outbreak thus far in 2015, with eight tornadoes, 31 wind reports and 162 hail reports, 13 of […]

Read More

Northeast snowfalls and insured losses

By: - February 9th, 2015

Over a decade ago, there were several claims that “snowfalls are now just a thing of the past.”  Even as recently as February of last year, The New York Times published an article titled “The End of Snow.” These commentaries predicted that snow would soon be a distant memory, and […]

Read More

Insurance Industry Takeaways from 2014 Tropical Season

By: - November 25th, 2014

Now that Arctic air has made its way across a good deal of the lower 48 states and snow had already covered 50% of the nation, the Atlantic hurricane season, and the threat of landfall along the U.S. coastline, is effectively over. The season was forecast to be below the […]

Read More

Unusual Weather we’re Having, Ain’t It?

By: - September 10th, 2014

I have been saving this title for awhile, and with the recent 75th anniversary of the release of The Wizard of Oz, in which the cowardly lion says this line as he notices the fallen snow on the poppy field, I find it a fitting start to a discussion about […]

Read More

Magnitude 6.0 Is Not The Big One

By: - August 27th, 2014

A magnitude 6.0 earthquake is big, but not “The Big One.” This blog looks at some interesting aspects of the recent California earthquake, as well as general issues the insurance industry should consider as we await “The Big One.” The strongest earthquake to strike San Francisco’s Bay Area in 25 […]

Read More

Arthur’s Amazing Facts Are a Positive for the Insurance Industry

By: - July 18th, 2014

Two weeks ago, Hurricane Arthur made landfall along the North Carolina Outer Banks. Arthur was the strongest hurricane to make U.S. landfall since Hurricane Ike in 2008 and was just 13 mph shy of ending the U.S. major hurricane drought. However, the overall impact of Hurricane Arthur was diminished due […]

Read More