WASHINGTON–Two studies released by an actuarial consulting firm dealing with government approaches to catastrophe risk are being condemned by industry experts as flawed and conflicted.

The studies, conducted by Milliman Inc., deal with the potential impact of recent legislation in Florida designed to bring down the cost of homeowner's insurance, and a federal catastrophe fund proposal being advanced by a newly created advocacy group.

Robert Hunter, director of insurance for the Consumer Federation of America, said the two studies by Milliman analysts are “conflicted.” He explained that Milliman touts the studies as “independent,” but “they don't make sense” because they use what's happening in Florida to draw two different conclusions.

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