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Property insurers have turned skeptical about hurricane models after one major modeler recently...

Property insurers have turned skeptical about hurricane models after one major modeler recently dramatically increased its estimate of losses. "They don't want to be held hostage to a model-version change or to an outside influence to their view of risk," says a property insurance specialist.
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Comments (2)
  • SILENCE DOGOOD
    , contributor
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    Without models exactly how do they view risk?
    7 Jun 2012, 09:20 PM Reply Like
  • SILENCE DOGOOD
    , contributor
    Comments (218) | Send Message
     
    Then exactly how do they "view" risk, roll dice?
    Models have not exactly been unflawed predictors.
    Guess historical odds accompanied by Al Gore might work.
    7 Jun 2012, 09:24 PM Reply Like
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