Florida's New Deductible Law Included In CAT Model
NU Online News Service, Jan. 11, 4:09 p.m. EST?Florida's new law setting a limit of one annual hurricane deductible expense for homeowners insurance has now been incorporated into a catastrophe modeling system, a catastrophe model firm announced.[@@]
The system allows carriers to analyze the impact of the rules change on their portfolios, explained Boston-based AIR Worldwide Corp.
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