As the frequency and severity of natural catastrophe (CAT) events increase, a new normal is transforming both the standard CAT season and the loss-adjusting industry. But what trends are impacting CAT claims, and how are adjusters responding? Photo credits (left to right): Craig Ruttle; Shutterstock.com; bilanol/Adobe Stock; and cherylvb/Adobe Stock
Catastrophe (CAT) seasons are increasingly complex to navigate, especially with the surge of non-stop rain and freeze events outside these pivotal periods. What was once a predominately hurricane-focused season has now diversified into more regular, regional weather-related perils, such as windstorms, massive snowfalls and freezing conditions.
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