U.S. hit with two billion-dollar disasters so far in 2019

Source: NOAA

CADO Admin

"The so-called bomb cyclone that brought heavy snow, blizzard conditions and major flooding to the Midwest in March landed with a resounding meteorological “ka-boom!” and became one of two billion-dollar weather and climate disasters this year.

The other was a severe storm that struck the Northeast, Southeast and Ohio Valley in late February."

The above is from the NOAA article, follow the Read More link for the article.

EXTENDED RANGE FORECAST OF ATLANTIC SEASONAL HURRICANE ACTIVITY AND LANDFALL STRIKE PROBABILITY FOR 2019

Source: Department of Atmospheric Science Colorado State University

CADO Admin
"We anticipate that the 2019 Atlantic basin hurricane season will have slightly below normal activity. The current weak El Niño event appears likely to persist and perhaps even strengthen this summer/fall. Sea surface temperatures averaged across the tropical Atlantic are slightly below normal, and the far North Atlantic is anomalously cool. Our Atlantic Multi-decadal Oscillation index is below its long-term average. We anticipate a slightly below-average probability for major...

Taming the Flaming Cats

Source: CanadianUnderwriter.ca

CADO Admin

From the article;

"Among the many lessons for insurers coming out of Fort McMurray, one may be in how to handle claims caused by wildfires – a peril that insurers have predicted for some time will only get worse."

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