partner login

BMS News

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

The Right Side of a Storm

By: - July 3rd, 2014

The insurance industry often focuses on media graphics that depict a storm’s path and the “cone of uncertainty,” but many of these graphics fail to explain the physical structure of a hurricane. The extent of hurricane damage doesn’t solely depend on the strength of the storm. It is also greatly […]

Read More

Tropical Update: Arthur

By: - July 1st, 2014

With a month of the Atlantic hurricane season in the books, one might think that the quiet Atlantic hurricane season is unusual. Historically, however, the year-to-date Atlantic hurricane season typically only experiences an Accumulated Cyclone Energy (ACE) index value of 1, based on the 1981 – 2010 climatology. Also, on […]

Read More

2014 Atlantic Hurricane Forecasted Activity

By: - May 30th, 2014

The 2014 Atlantic hurricane season officially begins on June 1. A lot of preseason forecasts are hyping the importance a developing El Niño will have on the overall tropical activity in the Atlantic Basin, which should lead to less storm formation. However, a word of caution: there are plenty of […]

Read More

2014 Atlantic Hurricane Season and an El Niño

By: - May 12th, 2014

When the 2014 hurricane season officially starts on June 1, it will have been 3,142 days since the last Category 3 hurricane made landfall along the U.S coastline (Hurricane Wilma, 2005). This shatters the old record for the longest stretch between U.S. intense hurricanes since 1900. In fact, landfalls in […]

Read More

Peak of Thunderstorm Season Approaching

By: - April 29th, 2014

Although we are approaching the start of May, which is the peak month for thunderstorm development, the 2014 thunderstorm season has been off to a historically slow start. One advantage to this inactivity is that the insurance industry benefits from low thunderstorm losses not seen since 2004. In fact, the […]

Read More

Introspect: 2014 Severe Convective Storm Season

By: - March 20th, 2014

The earth’s weather and climate is naturally variable on all time scales, and a number of factors can cause a sustained change to weather and climate. Referred to as “climate forcers,” these factors invoke the idea that they force or push the weather and climate towards a new state. These […]

Read More

Are We Done with PCS Winter Storm Losses for 2014?

By: - March 6th, 2014

With February 28 marking the close of meteorological winter (December – February), a mountain of interesting stats are about to be released – so be prepared for media fact overload! For the most part, these facts should show that points east of the Mississippi have experienced one of the coldest, […]

Read More