Crist, Sink Seek Storm Model Data

RMS now bases its projections on the next five hurricane seasons instead of historical storm data dating back 100 years, which had been the industry norm. In addition, RMS predicted where those projected storms might cause the most damage. The new RMS model could be reviewed next month by the Florid...

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Bibliographic Details
Published inMcClatchy - Tribune Business News p. 1
Main Author Fechter, Michael
Format Newsletter
LanguageEnglish
Published Washington Tribune Content Agency LLC 09.01.2007
Subjects
Burgess, Steve
Crist, Charles
Crist, Charlie
Insurance companies
Insurance industry
Storm damage
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Summary:RMS now bases its projections on the next five hurricane seasons instead of historical storm data dating back 100 years, which had been the industry norm. In addition, RMS predicted where those projected storms might cause the most damage. The new RMS model could be reviewed next month by the Florida Commission on Hurricane Loss Projection Methodology. [Steve Burgess], the Florida consumer representative, sits on the commission along with statisticians, meteorologists and other experts. Burgess pledged to keep an open mind in reviewing the new model but said it will be difficult to ignore the disavowal by scientists [Jim Elsner] and [Thomas R. Knutson], who were enlisted by RMS to review its work.