NU Online News Service, Oct. 28, 9:44 a.m. EST
The extraordinary path of Hurricane Irene through various inland regions of the Northeastern United States partly validates aspects of the guidance provided by the new Atlantic Hurricane Model from Risk Management Solutions.
RMS' Version 11 upgrade to its catastrophe model posited a greater likelihood of hurricane exposures beyond U.S. coastlines. The company recalibrated its model to account for the higher risk-potential of a hurricane affecting a greater swath of geography—not just coastal properties, but inland regions.
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