January 2017 Preview: Historical Catastrophe Activity


With winter on its way, we look ahead to January cat event risks. Catastrophic January storms since 2007 have caused nearly $5.9 billion in insured losses. PCS has designated 16 catastrophes during the month of January between 2007 and 2016, including 10 winter storms and six wind and thunderstorm events. Last January, we saw the […]

December 2016 Preview: Historical Catastrophe Activity


The 2016 hurricane season ended November 30 with two PCS® catastrophe designations from Atlantic Basin hurricanes that made landfall in the United States. We discussed Hurricanes Hermine and Matthew in our previous post. As winter approaches, we note that the month of December has brought 11 PCS-designated catastrophes since 2006. Those events generated approximately 490,000 […]

November 2016 Preview: Historical Catastrophe Activity


The 2016 hurricane season will come to an end on November 30. So far this year, two catastrophes have been designated as tropical events. Hurricane Hermine affected Delaware, Florida, Georgia, Maryland, North Carolina, South Carolina, and Virginia between August 31 and September 4 and resulted in approximately $245.6 million in insured losses. The other tropical […]

October 2016 Preview: Historical Cat Activity


As October approaches, so does the end of peak hurricane season, however, insurers should still be vigilant and prepared to assist policyholders in the event of a late-season disturbances. While the fourth quarter generally tends to be less active, there have been 19 PCS-designated catastrophes in the month of October in the past ten years. […]

September 2016 Preview: Historical Catastrophe Activity


Traditionally, the Atlantic hurricane season runs from June 1 to November 30. While forecasters have predicted a relatively normal hurricane season for this year, there have been five named storms in the Atlantic thus far. The most significant tropical event that occurred within the past ten years took place in September 2008, Hurricane Ike. That […]

FireLine Examines the Erskine Wildfire


To date, wildfires in California this season have burned more than 150,000 acres, and—with five major wildfires burning at this writing—that number continues to grow. California seems poised for yet another year of devastating wildfires. The Erskine fire stands out as the most destructive California wildfire so far this year and ranks as the 15th […]