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'Near Term' Hurricane Models Used by Insurers Under Fire

National News • March 29, 2007
Recent "near term" hurricane prediction models based on five-year forecasts are being skewered by consumer groups urging state regulators to reject them as a basis for hiking coastal property ...

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Subject: Look at the bright side

Posted On: March 29, 2007, 2:02 pm CDT
Posted By: DDT
Comment:
Think about the implications of the model. OK it is based on a five year history. We all know that the five year history has been disasterous for hurricanes and this model allows the insurnce industry to adopt rates which at this time are appropiate.

Now if we can't use this model, does it mean that if and when this cycle changes back to a more moderate cycle we don't have to lower rates as quickly?
Subject Posted By Posted On
RE: Absolutely! David
Mar 30, 2007, 2:02 pm
RE: What's wrong with skewered? Actuary
Mar 30, 2007, 11:47 am
What's wrong with skewered? Actuary
Mar 30, 2007, 11:46 am
RE: "Skewered" Tom Drawert
Mar 30, 2007, 11:14 am
Absolutely! Patrick
Mar 30, 2007, 10:34 am
As if the states let you use the models anyway.... billy bob
Mar 30, 2007, 8:31 am
put your money where your mouth is... another actuary
Mar 30, 2007, 8:03 am
RE: RE: Who wants to bet? slenard
Mar 29, 2007, 5:36 pm
RE: Who wants to bet? Actuary
Mar 29, 2007, 4:46 pm
Who wants to bet? Gambler
Mar 29, 2007, 4:00 pm
RE: RE: Look at the bright side Bulldogg
Mar 29, 2007, 2:51 pm
RE: Look at the bright side Actuary
Mar 29, 2007, 2:37 pm
Look at the bright side DDT
Mar 29, 2007, 2:02 pm
RE: Consequences CAT-5
Mar 29, 2007, 1:13 pm
Consequences Tom
Mar 29, 2007, 1:01 pm
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