Cat models not accounting for the ‘new normal’: Karen Clark
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Cat models not accounting for the ‘new normal’: Karen Clark

KCC hurricane satellite with Karen Clark.jpg

Days after Hurricane Ida devastated parts of Louisiana and less than 24 hours after the storm’s remnants wrought havoc in the Northeast, cat modeling legend Karen Clark told this publication that recent events had clearly shown that the severity of more commonly occurring storms is increasing.

“The shape of the EP curve is changing,” Clark said in an interview on Thursday.

She was speaking a day after her firm, Karen Clark & Company (KCC), was the first to publicly estimate insured damages from Hurricane Ida, predicting...

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