Florida Commission on Hurricane Loss Projection Methodology News

The Florida Commission on Hurricane Loss Projection Methodology (FCHLPM) has certified the latest version of AIR Worldwide’s hurricane model. The commission has been certifying models for use by insurers for developing Florida residential and commercial residential property rate filings since …

Frustrated by rising premiums, reduced coverage and a single market, citizens and officials in the Florida Keys are hoping to convince catastrophe modelers, insurers and reinsurers that their islands are not as big a risk for wind damage as they …