Catastrophe models are not just for hurricanes. They are also not just for insurance carriers. Ming Lee, president and CEO of catastrophe modeling firm AIR Worldwide, discusses how insurance brokers and governments are increasingly using cat models and how cat models are expanding into other risks and expanding geographically.
New materials used in home construction can lead to greater energy efficiency for those homes. This topic will be covered in April on the PBS program In Focus with Martin Sheen. The show’s producers note that in their discussions with engineers, architects, designers, and contractors, they found that homeowners can save thousands of dollars of energy costs by choosing the right materials for their homes.