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RMS Hurricane Model Re-Certified by Florida Commission


Calif – July 27, 2009 – Risk Management Solutions (RMS) announced today that the Florida Commission on Hurricane Loss Projection Methodology (FCHLPM) has once again certified the RMS U.S. (Florida) hurricane model.

Each year the Commission reviews hurricane models for use in residential rate filings with the Florida Department of Insurance. A version of the RMS hurricane model has been submitted and certified for twelve consecutive years since the commission was formed. The newly certified version of the model - version 8.0.1a. - can be used for rate filings in Florida, having been approved against all standards set by the FCHLPM.

 

Editorial Contacts

Jackie Barber

RMS U.K.
+44 20 7444 7723
jackie.barber@rms.com

Carolyn Krehel

RMS U.S.
1.201.498.8712
carolyn.krehel@rms.com