It’s a good time of the year to be in the random number generation business. From Business Insurance:
Atlantic hurricane activity will be 20% above average this year, Tropical Storm Risk predicted Monday.
The London-based forecasting consortium in April had predicted a season 35% above the 1950-2007 norm. But in a statement announcing Monday’s prediction, TSR said: "The lowering of the forecast is due to the unexpected rapid waning of La Niña conditions now occurring in the tropical Pacific. However, uncertainties remain, and La Niña and other key climate factors will be closely monitored."