According to NOAA research scientist Harold Brooks, what is the most significant thunderstorm-related concern for infrastructure?
The biggest thunderstorm-related concern for infrastructure is flooding, as heavy rain and flooding are considered a huge threat to virtually all infrastructure.
Q&A ID 18b844a2-3f43-4338-b0d2-3bfe91fec9c1
What specific changes in tornado activity and population density have been noted in different regions of the United States?
National Oceanic and Atmospheric Administration research scientist Harold Brooks noted that tornado activity has increased by about 10% in the Mid-South while declining by roughly the same amount from the Texas Panhandle through western Kansas. Additionally, population densities in rural areas of the Southeast are roughly 100 times those in the High Plains, meaning tornadoes in areas like northern Mississippi and Alabama are more likely to impact people and buildings.
Q&A ID 2f78dd2e-757b-4b65-9f59-567bab95318a
How do severe thunderstorms specifically threaten new renewable energy assets and data centers?
Verisk is assessing risks to renewable projects in tornado- and hail-prone areas, where large hail can cause major damage to solar farms, creating a vulnerable asset class. Data-center developers face the challenge of balancing natural-hazard exposure against the need for land, power, and water, with some sites containing billions of dollars in property and hardware.
Q&A ID 0357f459-18f3-4f97-84fe-3eeea4254e9e
According to Verisk's Jay Guin, what is the primary driver of rising insured losses in the United States?
Jay Guin states that growing exposure is the dominant driver of rising insured losses, as more and increasingly valuable property is being built in harm's way. While he acknowledges climate change contributes, he notes that expanding development and higher reconstruction costs are much larger drivers.
Q&A ID b126499b-67da-45c5-9f2a-dd938327482a
What percentage of Verisk's modeled global insured catastrophe losses are attributed to the United States?
The United States accounts for $117 billion, which represents 68% of Verisk's modeled global insured catastrophe losses.
Q&A ID d518cc4e-b19e-4abc-8df3-c265763cc833
According to analysis from the risk analytics firm Verisk, how do severe thunderstorms compare to hurricanes in terms of modeled global insured catastrophe risk?
Severe thunderstorms account for 40% of modeled global insured catastrophe risk, while hurricanes account for 27% of that risk.
Q&A ID 6ccbac5e-6093-4661-bf10-b9729bbf0bcf