Thursday, October 23, 2014

The Dramatic Decrease In Hurricanes, Tornadoes and Wild Fires Is Very Good For Insurers: Travelers Hits an All-time High (TRV)

The property/casualty boys are cleaning up.
TRV $96.77 up  $1.19 and just off the $97.03 all-time high set earlier this morning.
Allstate at $62.04 is just under its $62.59 all-time high set in September.

First up, the National Interagency Fire Center shows the lowest acreage burned in over a decade:

Year-to-date statistics
2014 (1/1/14 - 10/10/14) Fires: 41,790 Acres: 3,070,737
2013 (1/1/13 - 10/10/13) Fires: 40,070 Acres: 4,146,336
2012 (1/1/12 - 10/10/12) Fires: 49,682 Acres: 8,862,671
2011 (1/1/11 - 10/10/11) Fires: 61,993 Acres: 8,292,982
2010 (1/1/10 - 10/10/10) Fires: 59,464 Acres: 3,137,127
2009 (1/1/09 - 10/10/09) Fires: 70,796 Acres: 5,673,359
2008 (1/1/08 - 10/10/08) Fires: 58,530 Acres: 4,451,214
2007 (1/1/07 - 10/10/07) Fires: 75,020 Acres: 8,155,980
2006 (1/1/06 - 10/10/06) Fires: 84,767 Acres: 9,125,714
2005 (1/1/05 - 10/10/05) Fires: 54,520 Acres: 8,194,349
2004 (1/1/04 - 10/10/04) Fires: 61,964 Acres: 7,781,957
Annual average prior 10 years
2004-2013 Fires: 62,864 Acres: 6,796,329

Next up, NOAA shows this year's tornado season approaching the record low set last year:
tornado chart
Finally, with no hurricanes hitting the U.S. this season President Obama's yearly count will drop even further:
ScreenHunter_165 May. 04 12.50