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Consumer Groups Allege Insurance Wind Models More Politics Than Science

National News • April 6, 2006
Risk Management Solutions has defended its hurricane risk models in the face of consumer groups' criticisms that the models are more political than they are scientific and that they are designed ...

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Subject: Perhaps

Posted On: April 6, 2006, 5:06 pm CDT
Posted By: Joe
Comment:
Perhaps these consumer groups with all their backing would be perfectly happy to provide quota share reinsurance at lower rates than the models indicate. All their excess profit could go into their coffers to provide more wise statements.

The models, however must have had problems. Isn't the insurance industry at a net loss while using these models?
Subject Posted By Posted On
Yzxadjqg Yzxadjqg
Jul 14, 2009, 8:14 am
State Farm & Allstate Deny Blatant Hurricane Rita Damage Roger Poe
Apr 7, 2006, 10:09 pm
RE: The amazing thing... Monitoring
Apr 7, 2006, 3:59 pm
The amazing thing... Underwriter
Apr 7, 2006, 2:21 pm
RE: Old Bob Hunter Tom
Apr 7, 2006, 1:59 pm
Old Bob Hunter Old insurance guy
Apr 7, 2006, 12:47 pm
Hunter Big Insurance
Apr 7, 2006, 12:38 pm
They're essentially banned in Florida FLActuary
Apr 7, 2006, 10:47 am
Bob Hunter ATS
Apr 7, 2006, 9:15 am
The galactically stupid Tim
Apr 7, 2006, 3:52 am
Perhaps Joe
Apr 6, 2006, 5:06 pm
This shows how dumb the consumer groups are Dan
Apr 6, 2006, 2:39 pm
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