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Record Low Temperatures Responsible for High Ranking on Storm Index

 
 

PEMCO Storm Index tracks weather-related data from 1984

SEATTLE, Dec. 16 /PRNewswire/ -- Early data from the PEMCO Storm Index suggests that last week's cold snap will be among Washington's top-6 severe cold-weather events of the past 25 years, based on PEMCO claims dollars of around $4,260,000 projected to be paid, according to the Washington-based insurer.

The frigid temperatures that gripped our state from Dec. 7 through 13 prompted a rash of claims that should rank this event behind only five previous cold-weather events: snowstorms of Dec. 26-30, 1996 ($15.2 million); Dec. 18, 1990 ($7.5 million); Dec. 17 - Jan. 10, 2009 ($7.1 million); Feb. 1-10, 1985 ($6.7 million); and Feb. 1, 1989 ($4.7 million). Last week's freeze also could break into Washington's top-10 weather events of any kind, which includes major windstorms.

As of Dec. 15, PEMCO Insurance had received 244 claims related to the cold weather, mostly for frozen and burst water pipes. Cold-weather claims continue to trickle in but are expected return to near-normal by the end of the week. However, some claims might not be reported for weeks, with people on vacation and owners of second homes being unaware of damage until they return. Also, boats might have suffered freezing damage that won't be detected until spring.

PEMCO advises people to take these precautions the next time a winter storm threatens: http://www.pemco.com/consumer_tips/pdfs/home/maintenance/protect_your_home_in_winter.pdf

PEMCO is the largest property and casualty insurer headquartered in Washington and insures only Washington residents.

About the PEMCO Storm Index

PEMCO has tracked data since 1984 for claims related to snow, cold, and windstorms, plus events like earthquakes, wildfires, and heavy rain. PEMCO ranks these events based on the number of claims and gross paid loss amount, which is recalculated into inflation-adjusted dollars. Data for storms before 1984 is less comprehensive.

About PEMCO Insurance

PEMCO Insurance, established in 1949, is a Seattle-based provider of auto, home, boat, life, and umbrella insurance to Washington state residents. PEMCO Insurance is sold by community agents throughout the state and through PEMCO offices. For more information, visit www.pemco.com.




    PEMCO Storm Index - top 20 events
    ---------------------------------



                                                                       CLAIM
    RANK                  DATE     LOCATION          WEATHER           COUNT
    ----                  ----     --------          -------           -----

        1           12/14/2006  Pacific N.W.   62.1 mph avg. gusts     4,695
       ---          ----------  ------------   -------------------     -----
        2            1/20/1993  Western Wash.  64.7 mph avg. gusts     6,613
       ---           ---------  -------------  -------------------     -----
        3        12/26-30/1996  statewide      snow, sub-freezing      5,629
       ---       -------------  ---------      ------------------      -----
        4           12/18/1990  Seattle        snow, freeze, wind      2,612
       ---          ----------  -------        ------------------      -----
        5      12/17-1/10/2009  statewide      snow, freeze, thaw      1,195
       ---     ---------------  ---------      ------------------      -----
        6          2/1-10/1985  Puget Sound    snow                    2,807
       ---         -----------  -----------    ----                    -----
        7           1/3-9/1990  Western Wash.  44.8 mph avg. gusts     3,366
       ---          ----------  -------------  -------------------     -----
        8            12/4/2003  Seattle        wind speed n/a            792
       ---           ---------  -------        --------------            ---
        9           12/12/1995  Western Wash.  54.3 mph avg. gusts     2,086
       ---          ----------  -------------  -------------------     -----
       10             2/1/1989  Puget Sound    snow                    1,820
       ---            --------  -----------    ----                    -----
       11         12/7-13/2009  statewide      sub-freezing              244
       ---        ------------  ---------      ------------              ---
       12         2/15-17/1990  Puget Sound    snow                    1,696
       ---        ------------  -----------    ----                    -----
       13           12/31/1996  Seattle        snow                      574
       ---          ----------  -------        ----                      ---
       14           11/19/1996  statewide      snow, sub-freezing      1,329
       ---          ----------  ---------      ------------------      -----
       15        11/20-22/1985  Puget Sound    snow                    1,652
       ---       -------------  -----------    ----                    -----
       16        11/24-25/1990  Western Wash.  rain                      773
       ---       -------------  -------------  ----                      ---
       17        11/25-27/1985  Puget Sound    deep snow               1,141
       ---       -------------  -----------    ---------               -----
       18           11/16/1991  Puget Sound    wind speed n/a            740
       ---          ----------  -----------    --------------            ---
       19             1/8/1990  Tri-Cities     wind speed n/a          1,111
       ---            --------  ----------     --------------          -----
       20            2/28/2001  Puget Sound    Nisqually earthquake    1,437
       ---           ---------  -----------    --------------------    -----

                                          GROSS:
                                         INFLATION
                           GROSS PAID     ADJUSTED
     RANK           DATE    LOSS AMT      DOLLARS   COMMENTS
     ----           ----   ----------    ---------  --------

                                                    Hanukkah Eve windstorm,
       1       12/14/2006 $24,638,797  $25,712,705   long power outages
      ---      ---------- -----------  -----------  ------------------
                                                    Inauguration Day storm,
       2        1/20/1993  10,839,941   15,935,464   5 dead,750k no power
      ---       ---------  ----------   ----------  ---------------------
                                                    20"+ of snow followed by
       3    12/26-30/1996  11,485,107   15,549,547   warm, heavy rain
      ---   -------------  ----------   ----------  -----------------
                                                    10" snow, wind,
                                                     single-digit nights,
       4       12/18/1990   4,706,865    7,650,007   20s in daytime
      ---      ----------   ---------    ---------  ---------------
                                                    3-4 snowstorms,
                                                     sub-freezing,
       5  12/17-1/10/2009   7,128,511    7,128,511   warm heavy rain
      --- ---------------   ---------    ---------  ----------------
                                                    6" Seattle, 3" B'ham, 11"
       6      2/1-10/1985   3,438,730    6,788,775   Olympia, 4" S.Wooley
      ---     -----------   ---------    ---------  ---------------------
       7       1/3-9/1990   3,752,309    6,098,579  Warm wind (mid 50s), rain
      ---      ----------   ---------    ---------  -------------------------
                                                    Schools closed, 193k w/o
       8        12/4/2003   5,190,521    5,992,372   power, trees down
      ---       ---------   ---------    ---------  ------------------
                                                    More severe to south: 2
       9       12/12/1995   3,657,296    5,097,777   Ore., 3 Calif. deaths
      ---      ----------   ---------    ---------  ----------------------
                                                    10" snow, then cold -- 16
                                                     degrees in Seattle
      10         2/1/1989   2,788,661    4,777,268   at 10 a.m.
      ---        --------   ---------    --------- -----------------------
                                        projected   Record cold temperatures
      11     12/7-13/2009   4,260,000    4,260,000   statewide; no snowstorm
      ---    ------------   ---------    ---------  ------------------------
                                                    South Sound hit hardest;
      12     2/15-17/1990   2,222,281    3,611,844   Seattle had only flurries
      ---    ------------   ---------    ---------  --------------------------
                                                    Marina roof collapse from
      13       12/31/1996   1,811,111    2,452,041   heavy, wet snow
      ---      ----------   ---------    ---------  ----------------
                                                    Snow, wind, four deaths
      14       11/19/1996   1,638,085    2,217,783   statewide; 7" in Seattle
      ---      ----------   ---------    ---------  ------------------------
                                                    10" snow fell 11/21/85
      15    11/20-22/1985   1,015,918    2,005,636   by followed...(see 16)
      ---   -------------   ---------    ---------  -----------------------
                                                    Record rains, wind; I-90
      16    11/24-25/1990   1,208,831    1,964,697   floating bridge sank
      ---   -------------   ---------    ---------  ------------------------
                                                    ...10" - 20" snow fell
      17    11/25-27/1985     961,122    1,897,456   11/27/85
      ---   -------------     -------    ---------  ---------
                                                    60-mph gusts, then
      18       11/16/1991   1,129,001    1,760,852   steady downpour
      ---      ----------   ---------    ---------  ----------------
      19         1/8/1990     960,543    1,561,159  Localized windstorm
      ---        --------     -------    ---------  -------------------
                                                    Damaged cars, claims on
      20        2/28/2001   1,231,584    1,477,240   earthquake policies
      ---       ---------   ---------    ---------  --------------------

    CONTACTS:
    Jon Osterberg, (206) 628-4019
    PEMCO Insurance
    jon.osterberg@pemco.com

    Mark Firmani, (206) 443-9357
    Firmani + Associates Inc.
    mark@firmani.com

SOURCE PEMCO Insurance

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RELATED LINKS
http://www.pemco.com

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