Abstract
Abstract Crop-hail insurance loss data for 1948–94 are useful as measures of the historical variability of damaging hail in those 26 states where most crop damages occur. However, longer records are needed for various scientific and business applications, as well as information on potential losses in United States’ areas without crop insurance. The long-term (1901 to present) data on hail-day incidences, as derived from National Weather Service historical station records, were investigated to determine if some form of a hail-day expression related well to the insurance losses. The areal extent of insured areas of Illinois, Texas, and Nebraska experiencing growing season frequencies of hail days matching or exceeding the once in 10-yr frequencies was found to have the best relationship with insured loss values. The computed correlation coefficients were +0.97 for Illinois, +0.73 for Texas, and +0.91 for Nebraska. These values appear to be a useful surrogate for 1) estimating pre-1948 loss values, 2) estima...
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
