Boston, MA, June 25, 2012 – RiskMeter Online, a leading provider of real-time natural hazard risk reports, today announced it has applied its wildfire model to provide analysis on the High Park wildfire in Colorado. This initiative will provide a list of zip codes, which have been burning or that RiskMeter anticipates may burn based upon its model, and a map to concerned Property & Casualty insurance industry professionals free of charge.
Colorado’s High Park wildfire so far has consumed approximately 80,000 acres and over 200 homes. Most of these areas were labeled medium and high by RiskMeter’s wildfire model, which is based on detailed vegetation and topographical data.
Last year’s wildfire season was extremely active and many experts are predicting more of the same for this year, due to a combination of drought, higher temperatures and below normal snowpack in western states. Each year catastrophic wildfires cause hundreds of millions of dollars in insured damage, and it has the potential to get worse if temperatures continue to rise and more homes are built within close proximity to wildland areas.
“Wildfire risk has always been a cause of concern to insurers, but now more than ever,” explains Daniel Munson, Founder, RiskMeter Online. “That’s why we released our wildfire data before the start of the 2012 wildfire season and provide various features such as, aerial photos overlaid on wildfire maps, distance to brush measuring tool and the ability to check multiple buildings on a property. This combination of data and tools allows our customers to dig deeper when it comes to assessing their wildfire exposure.”
About RiskMeter Online
RiskMeter Online is used by underwriters and agents to automate property lookups. This Web-based solution utilizes Internet mapping technology to enable underwriters to determine the proximity to natural hazards for any property in the Unites States. It’s far more accurate and faster than any other method for determining property risk, and can save underwriters considerable time and money. The RiskMeter Online provides over 30 real-time reports, including Distance to Coast, FEMA Flood Zones, Rating Territories, Windpool Eligibility, RMS Data & Analytics, Individual AAL & PML Reports, Earthquake information and much more.