NU Online News Service, Oct. 19, 3:56 p.m. EDT
Both the Property Casualty Insurers Association of America (PCI) and the American Insurance Association (AIA) today lauded the Institute for Business & Home Safety (IBHS) as the group officially opened itsnew multihazard research center in Chester County, S.C.
The research center is the first of its kind, focusing on mitigating multiperil risk to residential and commercial property through applied research and training.
The new facility is designed to accurately simulate severe weather events--such as Category 1, 2 and 3 hurricanes; other types of high-wind events; wind-driven rain, hailstorms and wildfires--in a controlled, repeatable environment.
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