The Florida Commission on Hurricane Loss Projection Methodology has approved catastrophe modeling firm Risk Management Solutions’ new hurricane model.

While the insurance market for transportation risks is still soft, those in the industry are saying it has begun to stabilize and the tide of new entrants flooding into the market is beginning to slow, according to NIP Group’s first-quarter Transportation Insurance Pricing Survey.

Note holders will have to wait before they receive interest payments on the notes they were issued as part of a settlement with guaranty insurer Ambac as the Wisconsin Insurance Commissioner reviews the tax implications of such payments.