Stocks & Bonds

Simulating Storms for Insurance Purposes

Posted on February 07, 2013
04-IMG_8030-110-1-copy.jpg Photograph by Taj Forer for Bloomberg Businessweek

On Feb. 20 researchers at the Insurance Institute for Business & Home Safety will fire more than 8,000 fabricated hailstones at up to 76 miles per hour onto a test house inside the institute’s facility in Richburg, S.C. They plan to study what happens to different kinds of shingles, siding, and other building materials under the kind of barrage for which insurance companies don’t yet have good models. Click here to read the story.

Pictured, the interior of the storm simulation lab, which is capable of producing 100-mph winds and intense hailstorms.

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