Error Found in Previously Approved AIR Worldwide Corporation’s Hurricane Loss Model; Florida Commission on Hurricane Loss Projection Methodology Calls Emergency Meeting October 26 at 9 a.m.

Oct 21, 2010

Because an error recently was discovered in AIR Worldwide Corporation’s (“AIR”) Atlantic Tropical Cyclone Model V12.0, Program CLASIC/2 V12.0, the Florida Commission on Hurricane Loss Projection Methodology (“Commission”) has called an emergency Commission teleconference on October 26, 2010 at 9:00 a.m. (ET) to discuss the error, which relates to a software implementation issue.

AIR’s model had been previously reviewed and found to be acceptable by the Commission during its June 8, 2010, meeting.

To participate in the meeting, U.S. and Canada residents must call (888) 808-6959 (International (770) 659-9299).  The conference code is 4765251363.

To access the meeting notice and agenda, click here.

A Colodny Fass representative will attend the teleconference and provide a report on the proceedings.

 

Should you have any comments or questions, please contact Colodny Fass.