All Risks Launches New Earthquake Insurance Program – Learn More

All Risks, Ltd. Blog

How Probabilistic Modeling Impacts Personal & Commercial Property Insurance

Posted by Eric Quinn, ARM, AU-S, ASLI on May 2, 2017 12:38:39 PM

 

Updated RMS 2017 Hurricane Forecast Model Could Intensify Rate Pressure

In April, Risk Management Solutions, Inc. (RMS), a market leader in catastrophe risk modeling, released an update to their 2017 North American Hurricane Model. This is noteworthy because it is the first time that medium-term forecasting rates have fallen below the long-term rates as it pertains to hurricane landfall in the U.S.

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Topics: Property, Commercial Lines, National Programs, Personal Lines

Legal Disclaimer. Views expressed here do not constitute legal advice. The information contained herein is for general guidance of matter only and not for the purpose of providing legal advice. Discussion of insurance policy language is descriptive only. Every policy has different policy language. Coverage afforded under any insurance policy issued is subject to individual policy terms and conditions. Please refer to your policy for the actual language.

©2017 All Risks, Ltd.

All Risks, Ltd. was formed as an excess and surplus lines facility in 1964. Employing over 850 professionals in 30 locations, we deliver comprehensive commercial and personal insurance solutions exclusively to retail agents and brokers. As brokers or underwriters, we are our agents’ licensed navigators in the specialty insurance market. All Risks provides a full-service platform of brokerage, contract binding and program capability.

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