Accuweather, Inc.

Paul Roehsner

Michael R Root

Tim Loftus

Rosemary Radich

Jennifer Bowers

Paul Raymond

A system and method of predicting the financial impact of environmental or geologic events (that include one or more environmental or geologic conditions) by determining a recurrence interval of each past condition in each location, determining the correlation between the past condition and the observable financial impact of the past event, calculating a predicted observable financial impact of each past event, calculating a predicted financial impact of each past event recurring by multiplying the predicted observable financial impact of the past event by the recurrence interval of the past condition, grouping the past events into a plurality of groups based on the predicted financial impact of the past condition recurring, determining a threshold for each group, identifying current or forecasted conditions, and determining the predicted financial impact of the current or forecasted conditions by comparing the current or forecasted conditions with the thresholds.

Method and system for predicting the financial impact of environmental or geologic conditions

A system and method of predicting the impact of forecasted weather, environmental, and geologic events (that include one or more weather/environmental/geologic conditions) by determining a recurrence interval of each past condition in each location, determining the correlation between the past condition and the observable impact of the past event, calculating a predicted observable impact of each past event, calculating a predicted impact of each past event recurring by multiplying the predicted observable impact of the past event by the recurrence interval of the past condition, grouping the past events into a plurality of groups based on the predicted impact of the past condition recurring, determining a threshold for each group, receiving forecasted conditions, and determining the predicted impact of the forecasted conditions by comparing the forecasted conditions with the thresholds.

Growing community of inventors

State College, PA, United States of America

Paul Roehsner