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Florida Commission on Hurricane Loss Projection Methodology Professional Team Report 2015 Standards Hurricane Matthew Worldwide Corporation Onsite Review January 911, 2017AIR Professional Team Report
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The Florida Commission on Hurricane Loss Projection Methodology is responsible for reviewing and approving the models used by insurance companies to predict potential losses from hurricanes.
Insurance companies operating in Florida are required to file the commission on hurricane loss projection methodology.
Insurance companies must use approved models to calculate potential hurricane losses and submit reports to the commission.
The purpose of the commission is to ensure that insurance companies are adequately prepared for potential hurricane losses and to protect consumers from financial instability.
Insurance companies must report their calculations on potential hurricane losses, details of their models, and any updates to their methodology.
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