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US Patent 10520645 Method and system for predicting the financial impact of forecasted weather conditions

Patent 10520645 was granted and assigned to AccuWeather on December, 2019 by the United States Patent and Trademark Office.

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Contents

Is a
Patent
Patent

Patent attributes

Patent Applicant
AccuWeather
AccuWeather
Current Assignee
AccuWeather
AccuWeather
Patent Jurisdiction
United States Patent and Trademark Office
United States Patent and Trademark Office
Patent Number
10520645
Date of Patent
December 31, 2019
Patent Application Number
15609650
Date Filed
May 31, 2017
Patent Citations Received
‌
US Patent 12005281 Fire monitoring
0
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US Patent 11480711 Use of Kukharev regions in the atmosphere, in space and at the level of the earths surface and under the earths surface to predict various weather events
Patent Primary Examiner
‌
John H Le
Patent abstract

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.

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