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record rainfall

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Heavy rains lead to water rescues in Kansas City area

August 22, 2017 Jim Suhr - THE ASSOCIATED PRESS

KANSAS CITY, Mo. – Several streets were flooded and blocked off from traffic in the Kansas City area on Tuesday after overnight rains pounded the region, prompting numerous rescues of stranded motorists and others who scrambled to safety atop rooftops.

News CatastrophesInsuranceMergers and Aqcuisitions

U.S. insurers to pay about US$7 billion for storm surge, inland flooding and wind damages from Hurricane Matthew: Karen Clark & Company

October 12, 2016 by Canadian Underwriter

Boston-based catastrophe risk management firm Karen Clark & Company (KCC) has estimated insurers will pay about US$7 billion for damages in the United States as a result of Hurricane Matthew. The estimate is based on high resolution storm surge, inland

News CatastrophesInsuranceMergers and Aqcuisitions

Southern Louisiana flooding results in significant property damage: AIR Worldwide

August 16, 2016 by Canadian Underwriter

Extensive precipitation-induced flooding in southern Louisiana, from west of Baton Rouge to Mississippi, has resulted in six deaths, tens of thousands of rescues and significant property damage, catastrophe modelling firm AIR Worldwide said in media advisory issued late Monday. AIR

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Parts of Texas see 10 to 20 inches of rain in 24-hour period: AIR Worldwide

June 7, 2016 by Canadian Underwriter

Texas, still drying out from one of its wettest springs on record, received additional heavy rainfall during the last two weeks, causing major flooding throughout the state, catastrophe modelling firm AIR Worldwide said on Monday. AIR Worldwide said in a

News CatastrophesInsuranceMergers and Aqcuisitions

Record rainfall in Texas prompts extensive flash flooding

April 19, 2016 by Canadian Underwriter

Record rainfall prompted extensive flash flooding across parts of Texas on Monday, closing schools and city offices and overtopping levees, Impact Forecasting said in an Aon Cat Alert. Impact Forecasting, Aon Benfield’s catastrophe model development team, said in the alert