Known Issue 334

Losses for certain historical events in the Verisk Earthquake Model for the United States may be misstated.

Issue ID 334
Summary Losses for certain historical events in the Verisk Earthquake Model for the United States may be misstated.
Description Due to an issue in the loss code, certain historical events which should be using mean damage functions may actually take into account intra-event uncertainty. This can cause losses to be incorrectly calculated for these specific events and may also result in variability in ground up losses for these events in certain circumstances. The historical events where this can occur are Event ID's: 30, 39, 43, 54, 56, 71, 78, 92, 94, 95, 97, 100, 103, 106, 109, 118.
Resolved in Touchstone 2022
Date posted 11/3/2021
Software versions affected 10.0, 9.0, 9.1
Feature set Detailed loss
Models Verisk Earthquake Model for the United States
Potential for loss numbers impact Yes
Workaround Use the U.S. AP Historical event set with an event filter containing only those events mentioned in this known issue.