AIR announces new hurricane modeling

Warm summer breezes remind us in the insurance world that conditions ripen for tropical storms and hurricanes.  Hurricanes damage so much property over such large areas that forecasting the damage for all the landfall possibilities is important.  Having accurate tools for estimating costs that the industry can expect during hurricane season can make or break an insurance company.  Good data and accurate modeling are critical.

AIR Worldwide is one of the top modeling companies in the world, and they just announced the next generation model.  These are enormously complex models that take into consideration wind estimates, construction types (e.g. frame vs. masonry or steel), new building codes in vulnerable areas and other variables.  For more, visit AIR’s recent press release on the issue. http://www.air-worldwide.com/NewsAndEventsItem.aspx?id=19474

For more on home and property insurance for your home or business, visit www.agordon.com.

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