We formed and operate the first series LLC in Montana (named Aegis) for captive insurers. Several other firms provide key services such as accounting, audit and actuarial work. Please contact us at 832.330.4101 if you'd like to discuss forming a captive for your company The maps above show two important data points related to tornadoes. The top map shows the number of tornadoes per 1,000 square mile area. There, Arkansas, Oklahoma, Missouri and NE Texas have the highest concentration. But in reality, the entire country east of New Mexico, Colorado, Wyoming and Montana are exposed to some level of tornado risk.
The bottom map shows the potential wind speed of tornadoes. Again, the center of the country is susceptible to very high tornado speeds. But that’s not to say the rest of the country faces no danger, just lower potential tornado speeds. If you own commercial real estate (or have a triple net lease) in the eastern 2/3 of the US, you should consider using a captive to underwrite tornado coverage. Comments are closed.
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