AIR In the News

BOSTON, June 9, 2015 - Catastrophe modeling firm AIR Worldwide(AIR) announced the certification of its Hurricane Model for the United States in Version 3.0 of Touchstone, by the Florida Commission on Hurricane Loss Projection Methodology (FCHLPM). The Commission certifies models for use by insurers for developing Florida residential and commercial residential property rates. AIR has consistently met the rigorous standards of the FCHLPM since the Commission's inception of model reviews in 1996.

"We're pleased that the AIR hurricane model met all the standards set forth by the Florida Commission," said Brandie Andrews,assistant vice president, regulation and rating agency, AIR Worldwide. "Certification by the Commission is further validation of the quality of AIR models. It also gives AIR model users increased confidence in employing our models for all of their catastrophe risk management activities."

About AIR Worldwide

AIR Worldwide (AIR) is the scientific leader and most respected provider of risk modeling software and consulting services. AIR founded the catastrophe modeling industry in 1987 and today models the risk from natural catastrophes and terrorism in more than 90 countries. More than 400 insurance, reinsurance, financial,corporate, and government clients rely on AIR software and services for catastrophe risk management, insurance-linked securities,detailed site-specific wind and seismic engineering analyses, and agricultural risk management. AIR, a Verisk Analytics (Nasdaq:VRSK)business, is headquartered in Boston with additional offices in North America, Europe, and Asia. For more information, please visit www.air-worldwide.com.

 


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