To close this series, we discuss US Severe Thunderstorm risk and the Verisk approach, our validation methodology, and how to use your claims experience with our model to form your own view.
In this article, the second of three in our series on managing U.S. severe thunderstorm risk, we discuss our innovative and first-of-its-kind hail vulnerability framework and how our updated model can distinguish the view of risk from one property to another.
This article focuses primarily on damage surveys conducted in the aftermath of U.S. hurricanes and addresses how and why we conduct them. As we update our U.S. hurricane model—a tool that helps quantify the risk—we uncover more questions that are typically answered only after studying another event.