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Announcement - June 20, 2013 On June 19, 2013, the Florida Commission on Hurricane Loss Projection Methodology (FCHLPM) approved the RMS® U.S. Hurricane Model version 13.0 for use in residential rate filings with the Florida Office of Insurance Regulation.

The FCHLPM reviewed several aspects of the RMS Hurricane Model, including updates to the long term rate set to comply with changes in the HURDAT database, new geocoding updates, and new post-analysis adjustments for return period losses to account for annual deductibles required by Florida statute. This model version will remain certified for use in Florida rate filings until September 2015.

The RMS U.S Hurricane Model version 13.0 will be generally available on July 31, 2013.

All industry hurricane models must be certified by the FCHLPM for use in the rate filing process in Florida. The FCHLPM is an independent entity which is tasked with developing state-wide standards and conducting rigorous assessments of hurricane catastrophe models. The Commission employs a team of experts to verify the technical credibility of the science, engineering, actuarial methodology, and software that the model is based upon.

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About RMS

Risk Management Solutions, Inc. (RMS) helps insurers, financial markets, corporations, and public agencies evaluate and manage global risk from natural and man-made catastrophes, including hurricanes, earthquakes, floods, climate change, cyber, and pandemics.

RMS leads the catastrophe risk industry that we helped to pioneer by marrying data and advanced model science with leading-edge technology. Leaders across multiple industries can address the risks of tomorrow through RMS Risk Intelligence™, our open, real-time exposure and risk management platform, enabling them to tap into RMS HD models, rich data layers, intuitive applications and APIs that simply integrate into existing enterprise systems.

RMS is a trusted solutions partner enabling effective risk management for better business decision making across underwriting, risk selection, mitigation, and portfolio management.

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Media Contacts

Matthew Longbottom

PR Lead, EU and APAC
+44 20 7444 7706 prteam@rms.com

Devonne Cusi

PR Lead, Americas
+1 551 226 1604 prteam@rms.com
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