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FLASH Tackles “Taming” of Wild West Risk at CPCU Annual Meeting
On September 23, Tim Smail served as a speaker at the Chartered Property and Casualty Underwriters (CPCU) Annual Conference in Anaheim, California. Tim’s panel, “Managing Catastrophe Risks in the Wild West,” also included Dan Loris, Zurich Insurance Group and Glen Daraskevich, Karen Clark & Company. The panelists examined the history of natural disasters in the west, efforts underway to mitigate these disasters, and how modeling plays an important role in predicting disaster outcomes.
Jennifer McFarland, State Farm commented, “As Dan, Tim, and Glen stated, modeling and building codes are a start to providing insurance companies the information they need to accurately underwrite earthquake and wildfire claims, but we still have a long way to go in understanding the total risk they present to communities.”
The panel marks the tenth appearance by FLASH at this critical gathering of insurance professionals.