Guy Carpenter,
EQECAT Announce Probabilistic German Flood Risk Model June 14, 2004 - Press Release Guy Carpenter and EQECAT announced their intention
to jointly develop the "DACH Flood" software,
which they described as "an accumulation tool that
will allow users to assess their exposure to flood in Europe
using a fully probabilistic modeling approach."
EQECAT
Releases the First High Resolution Tornado/Hail Catastrophe
Model June 9, 2004 - Press Release (Oakland, CA) EQECAT, Inc. has announced the
release of its U.S. Tornado/Hail/Straight Wind model for
assessing and managing insurance risk associated with these
key natural hazard perils.
EQECAT
Hurricane Model Certified by Florida Commission May 20, 2004 - Press Release (Oakland, CA) EQECAT, Inc., announced today
that the Florida Commission on Hurricane Loss Projection
Methodology (FCHLPM) unanimously re-certified EQECAT's
Hurricane model for use in Florida.
EQECAT
President Urges Open Standard for Risk Modeling Data
to Better Manage Catastrophe Loss Exposure February 25, 2004 - Press Release
(Orlando, FL --) The global insurance industry
should use its collective influence to press for
an open standard for risk data used in modeling
to more effectively assess and manage catastrophe
loss exposure, Rick Clinton, president, EQECAT,
Inc., told insurers and other industry executives at the company's "2004 Catastrophe
Management Summit," here.
Insurers
Should Plan for Repeat of Benchmark Catastrophe Events,
EQECAT President Says February 25, 2004 - Press Release
(Orlando, FL --) The insurance industry must anticipate
that catastrophic events, on the magnitude of the
1992 Hurricane Andrew and the 1906 San Francisco
Earthquake, will eventually recur with losses far
exceeding those originally incurred when factoring
in today's values and exposure levels, Rick Clinton,
president, EQECAT, Inc. told a group of insurers
and other industry executives at the company's "2004
Catastrophe Management Summit," here.
The
Southern California Wildfires of 2003 January, 2004
The metropolitan areas in Southern California, stretching from Los Angeles to
San Diego, have expanded in recent decades to the edges of the wildland, and
in many cases, even intermingled with the forest areas, creating fire-prone zones
known as the wildland-urban interface.