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The Florida Commission on Hurricane Loss Projection Methodology, Windstorm Mitigation Committee has issued a draft report of its recommendations for fixing the problematic wind mitigation credit program.

In an executive summary, the Committee concluded that “the current system for assessing, determining, and applying windstorm mitigation discounts has failed to operate as intended and has contributed to problems in the residential property insurance marketplace.” It labeled the problems “complex and systemic in nature.”

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