LOS ANGELES SEPTEMBER 13, 2005 — Two new storm surge databases from Marshall and Swift / Boeckh (MS/B) are now available for download by users of the IntegriClaim(TM) property claims estimator. The total component databases for Fort Lauderdale and Miami, Florida are ready for download from MS/B’s Web site, http://www.msbinfo.com. Databases for Pensacola and Panama City, Florida, and Mobile, Alabama, which were posted on MS/B’s Web site shortly after Hurricane Dennis, have also been updated.
MS/B’s research department continues to monitor material and labor costs in areas affected by Hurricanes Dennis, Katrina, and Ophelia. MS/B’s researchers are also closely monitoring possible surge pricing in Ontario, Canada, where severe tornadoes swept across a large section of southern Ontario last month, causing nearly 15,000 claims and an estimated $400 million (Canadian) in damages. Storm surge databases are developed, posted, and updated on a regular basis as warranted. The databases are accessible by IntegriClaim users 24/7 from any browser and are a free service included in MS/B’s Catastrophe Response Plan.
In a related matter, MS/B executives are visiting storm-affected areas this week. According to James Thornton, Chief Executive Officer, “Our immediate goal is to make sure that the support we’re providing to our insurance carriers and adjuster clients is adequate for the magnitude of the effort down here. We’re here to support our customers and the victims of the disaster through claims relief.” Thornton is joined by Shelton Shugar, Chief Technology Officer, and Jonathan Kost, Claims Vice President.
MS/B is recognized as the insurance industry’s leading provider of residential and commercial property valuation services, claims estimating and management technologies, and strategic data analytics.
Marshall & Swift / Boeckh (MS/B), an MDA company, is the leading supplier of local building cost information, residential and commercial property valuation technology and services for the property and casualty insurance sector in the United States and Canada. MS/B has five offices throughout the U.S. and Canada. For information, please contact Marsha Berenson, Media Coordinator, at 800-285-1288, Ext. 2828, MAILTO:Marsha.Berenson@msbinfo.com, or visit MS/B’s Web site at http://www.msbinfo.com.
About MacDonald, Dettwiler and Associates Ltd. (MDA)
MDA provides advanced information solutions that capture and process vast amounts of data, produce essential information, and improve the decision making and operational performance in business and government organizations worldwide.