National News
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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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| 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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Subject: They're essentially banned in Florida
The OIR has spent a couple of million dollars creating their own model but won't allow the modeling commission to look at it.
These are the last dying breaths of a regulatory system that will die when Federal Charters become a reality. Once the big companies decide they've had enough, it's over for state regulation.