By Dave Schmidt and Bob Frady Abstract: OX2 Solutions united Oxxford Information Technology’s commercial banking risk insights with HazardHub’s “wetness” index to better understand the commercial impact of Harvey on Houston. This analysis revealed that a large percentage of Houston businesses are at risk of bankruptcy, or of simply going out of business, especially those […]
HazardHub releases a custom-built, proprietary Fire Station database with quarterly updates.
HazardHub, the nation’s only third-generation supplier of geospatial risk data, has announced the release of FireStationHub, the largest and most accurate fire station location database available with more than 54,000 fire station locations.
Bob Frady, CEO of HazardHub says, “Fire Station locations are critical factors in determining the insurability of a property. We previously used a variety of sources but found them all lacking. So, we went out and built our own. FireStationHub offers an incredibly more accurate assessment of where fire stations are located, along with how far away those stations are from any property in the US.”
SAN DIEGO, CA (PRWEB) AUGUST 29, 2017
We’ve been working hard to deliver unprecedented levels of detail and accuracy into our hazard data. It hasn’t gone unnoticed! Read all about it right here! Thank you to the good folks at Insurance Thought Leadership!
The flooding in Houston is catastrophic. https://www.dallasnews.com/opinion/commentary/2017/08/28/harvey-break-record-finanical-damage-storm
HazardHub shows more than twice the overall risk from competitive estimates – more than $77 Billion of property at risk.
With Hurricane Harvey bearing down on the Texas coastline, HazardHub has released data regarding the size and scope of potential storm surge damage from Texas hurricanes.
According to HazardHub, more than 250,000 homes and 17,000 businesses could be subjected to storm surge for hurricanes up to Category 3. If a hurricane should strengthen to a Category 4 hurricane (like the Galveston Hurricane of 1900), the number of homes potentially impacted would rise to nearly 367,000. If a Category 5 hurricane should hit Texas – which would be extremely rare, more than 500,000 Texas homes and businesses would be subjected to storm surge – more than double previous estimates.
SAN DIEGO, CA (PRWEB) August 25, 2017