Weather risk management by companies such as Delphi Weather Analytics. The weather risk market makes it possible to manage the financial impact of weather through risk transfer instruments based on a defined weather element, such as temperature, rain, snow, wind, etc. Weather risk management is a way for organizations to limit their financial exposure to disruptive weather events. By making a payment (a "premium") to a separate company that will assume the financial weather risk for them, an organization essentially is buying a type of insurance - the company assuming the risk will pay the buyer a pre-set amount of money which will
Significant weather advisory 58 miles per hour. The product is mainly used by forecast offices located in the National Weather Service's Southern Region Headquarters. A significant weather advisory or warning is not an official National Weather Service product, instead it is issued within a special weather statement. Special weather statements are also used for any type of weather approaching watch/warning/advisory levels. Many NWS offices do not use significant weather advisories, instead issue normal special weather statements mentioning much of the same text used in such an advisory. If severe weather is detected, alerts (mainly a severe thunderstorm or tornado warning) are issued by