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Storms like Hurricane Ike caused RMS to tweak its U.S. hurricane model for losses, which could have potential effects on rates further inland. (Photo: NOAA)

NU Online News Service, Jan. 12, 2:49 p.m. EST

NEW YORK—The planned revisions of a catastrophe model could cause interesting changes to the way the industry prices its property insurance, according to executives at the Property and Casualty Insurance Joint Industry Forum in New York City.

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