Known Issue 379
In a very specific set of circumstances, the Verisk Severe Thunderstorm Model for the United States will calculate loss incorrectly.
Issue ID | 379 |
Summary | In a very specific set of circumstances, the Verisk Severe Thunderstorm Model for the United States will calculate loss incorrectly. |
Description | The Verisk Severe Thunderstorm Model for the United States is calculating loss incorrectly when all of the following criteria are met (1) Severe Thunderstorm is run with other perils, (2) The location terms being analyzed are formatted in a columnwise manner by peril code and the peril codes for severe thunderstorm are not the first to be listed, (3) The location has no secondary risk characteristics associated with it, either known or unknown. When all of those three criteria are met, the location in question will not produce the correct loss. Differences in loss can vary depending on the location. |
Resolved in | Touchstone 10.0.15 |
Date posted | 1/17/2024 |
Software versions affected | 10.0 |
Feature set | Detailed loss |
Models | Verisk Severe Thunderstorm Model for the United States |
Potential for loss numbers impact | |
Workaround | There are two workarounds that can be leveraged for this known issue: (1) Perform a Detailed Loss Analysis with only Severe Thunderstorm perils (2) Export and re-import the exposure prior to running a Detailed Loss Analysis. Note, there may be small changes in geocoding when doing this that can effect loss. |