Florida commission on hurricane loss projection methodology
G-2 Qualifications of Modeling Organization Personnel and
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- G-3 Insured Exposure Location
- ZIP Code centroids, when used in the model, shall be based on population data.
- Geocoding methodology shall be justified.
- G-4 Independence of Model Components
- G-5 Editorial Compliance
- Form G-1: General Standards Ex pert Certification
- Form G-2: Meteorological Standards Ex pert Certification
- Form G-3: Statistical Standards Ex pert Certification
- Form G-4: Vulnerability Standards Ex pert Certification
- Form G-5: Actuarial Standards Ex pert Certification
G-2 Qualifications of Modeling Organization Personnel and Consultants Engaged in Development of the Model
B. The model and model submission documentation shall be reviewed by modeling organization personnel or consultants in the following professional disciplines with requisite experience: structural/wind engineering (licensed Professional Engineer), statistics (advanced degree), actuarial science (Associate or Fellow of Casualty Actuarial Society or Society of Actuaries), meteorology (advanced degree), and computer/information science (advanced degree). These individuals shall certify Forms G-1 through G-6, Expert Certification forms, as applicable. Purpose: This standard requires professional disciplines with requisite experience necessary to develop the model to be represented among modeling organization staff and consultants. Academic or professional designations are required but not necessarily sufficient for the personnel involved in model development, implementation, and preparation of material for review by the Commission. Relevant Forms: G-1, General Standards Expert Certification G-2, Meteorological Standards Expert Certification G-3, Statistical Standards Expert Certification G-4, Vulnerability Standards Expert Certification G-5, Actuarial Standards Expert Certification G-6, Computer/Information Standards Expert Certification Disclosures 1. Organization Background
2. Professional Credentials
1. Meteorology 2. Statistics 3. Vulnerability 4. Actuarial Science 5. Computer/Information Science
1. Meteorology 2. Statistics 3. Vulnerability 4. Actuarial Science 5. Computer/Information Science
4. Provide a completed Form G-1, General Standards Expert Certification. Provide a link to the location of the form [insert hyperlink here]. 5. Provide a completed Form G-2, Meteorological Standards Expert Certification. Provide a link to the location of the form [insert hyperlink here]. 6. Provide a completed Form G-3, Statistical Standards Expert Certification. Provide a link to the location of the form [insert hyperlink here]. 7. Provide a completed Form G-4, Vulnerability Standards Expert Certification. Provide a link to the location of the form [insert hyperlink here]. 8. Provide a completed Form G-5, Actuarial Standards Expert Certification. Provide a link to the location of the form [insert hyperlink here]. 9. Provide a completed Form G-6, Computer/Information Standards Expert Certification. Provide a link to the location of the form [insert hyperlink here]. Audit 1. The professional vitae of personnel and consultants engaged in the development of the model and responsible for the current model and the submission will be reviewed. Background information on the professional credentials and the requisite experience of individuals providing testimonial letters in the submission will be reviewed.
3. Incidents where modeling organization personnel or consultants have been found to have failed to abide by the standards of professional conduct adopted by their profession will be discussed. 4. For each individual listed under Disclosure 2.A, specific information as to any consulting activities and any relationship with an insurer, reinsurer, trade association, governmental entity, consumer group, or other advocacy group within the previous four years will be reviewed. G-3 Insured Exposure Location
Purpose: This standard requires that the ZIP Code information must be updated at least every two years. Interest in specific ZIP Codes arises in the context of logical relationship to risk or in projecting loss costs and probable maximum loss levels. Accurate insured exposure locations are necessary for projecting loss costs and probable maximum loss levels. Model outputs, including loss costs, are sensitive to insured exposure locations. This standard requires that appropriate methods must be used in converting street addresses to geocode locations (latitude-longitude). Relevant Form: G-1, General Standards Expert Certification Disclosures
Audit 1. Geographic displays for all ZIP Codes will be reviewed. 2. Geographic comparisons of previous to current locations of ZIP Code centroids will be reviewed. 3. Third party vendor information, if applicable, and a complete description of the process used to validate ZIP Code information will be reviewed. 4. The treatment of ZIP Code centroids over water or other uninhabitable terrain will be reviewed. 5. Examples of geocoding for complete and incomplete street addresses will be reviewed.
G-4 Independence of Model Components The meteorological, vulnerability, and actuarial components of the model shall each be theoretically sound without compensation for potential bias from the other two components. Purpose: This standard requires that each of the three primary components of the model be individually sound and operate independently. For example, the model should not allow adjustments to the vulnerability components to compensate for apparent meteorological deficiencies (e.g., inflating damage to counteract for a deflated windfield). A model would not meet this standard if an artificial calibration adjustment has been made to improve the match of historical and model results for a specific hurricane. In addition to each component of the model meeting its respective standards, the interrelationship of the model components as a whole must be reasonable, logical, and scientifically justified. Relevant Form: G-1, General Standards Expert Certification Audit 1. The model components will be reviewed for adequately portraying hurricane phenomena and effects (damage, loss costs, and probable maximum loss levels). Attention will be paid to an assessment of (1) the theoretical soundness of each component, (2) the basis of the integration of each component into the model, and (3) consistency between the results of one component and another. 2. All changes in the model since the previous submission that might impact the independence of the model components will be reviewed. G-5 Editorial Compliance The submission and any revisions provided to the Commission throughout the review process shall be reviewed and edited by a person or persons with experience in reviewing technical documents who shall certify on Form G-7, Editorial Review Expert Certification that the submission has been personally reviewed and is editorially correct. Purpose: This standard requires that the modeling organization engaged in the development of the model maintain a quality control process with regard to creating, maintaining, and reviewing all documentation associated with the model. Person(s) with experience in reviewing technical documents for grammatical correctness, typographical accuracy, and accurate citations, charts, or graphs must have reviewed the submission and certify that the submission is in compliance with the acceptability process. Relevant Forms: G-1, General Standards Expert Certification G-2, Meteorological Standards Expert Certification G-3, Statistical Standards Expert Certification G-4, Vulnerability Standards Expert Certification G-5, Actuarial Standards Expert Certification G-6, Computer/Information Standards Expert Certification G-7, Editorial Review Expert Certification
3. Provide a completed Form G-7, Editorial Review Expert Certification. Provide a link to the location of the form [insert hyperlink here]. Audit 1. An assessment that the person(s) who has reviewed the submission has experience in reviewing technical documentation and that such person(s) is familiar with the submission requirements as set forth in the Commission’s Report of Activities as of November 1, 2015 will be made. 2. Attestation that the submission has been reviewed for grammatical correctness, typographical accuracy, completeness, and no inclusion of extraneous data or materials will be assessed. 3. Confirmation that the submission has been reviewed by the signatories on Forms G-1 through G-6, Expert Certification forms, for accuracy and completeness will be assessed. 4. The modification history for submission documentation will be reviewed. 5. A flowchart defining the process for form creation will be reviewed. 6. Form G-7, Editorial Review Expert Certification, will be reviewed. Form G-1: General Standards Expert Certification Purpose: This form identifies the signatory or signatories who have reviewed the current submission for compliance with the General Standards (G1-G5) in accordance with the stated provisions. I hereby certify that I have reviewed the current submission of (Name of Model) Version for compliance with the 2015 Standards adopted by the Florida Commission on Hurricane Loss Projection Methodology and hereby certify that:
5) In expressing my opinion I have not been influenced by any other party in order to bias or prejudice my opinion. Name Professional Credentials (Area of Expertise) Signature (original submission) Date Signature (response to deficiencies, if any) Date Signature (revisions to submission, if any) Date Signature (final submission) Date An updated signature and form is required following any modification of the model and any revision of the original submission. If a signatory differs from the original signatory, provide the printed name and professional credentials for any new signatories. Additional signature lines shall be added as necessary with the following format: Signature (revisions to submission) Date Note: A facsimile or any properly reproduced signature will be acceptable to meet this requirement. Include Form G-1, General Standards Expert Certification, in a submission appendix. Form G-2: Meteorological Standards Expert Certification Purpose: This form identifies the signatory or signatories who have reviewed the current submission for compliance with the Meteorological Standards (M1-M6) in accordance with the stated provisions. I hereby certify that I have reviewed the current submission of (Name of Model) Version for compliance with the 2015 Standards adopted by the Florida Commission on Hurricane Loss Projection Methodology and hereby certify that:
Name Professional Credentials (Area of Expertise) Signature (original submission) Date Signature (response to deficiencies, if any) Date Signature (revisions to submission, if any) Date Signature (final submission) Date An updated signature and form is required following any modification of the model and any revision of the original submission. If a signatory differs from the original signatory, provide the printed name and professional credentials for any new signatories. Additional signature lines shall be added as necessary with the following format: Signature (revisions to submission) Date Note: A facsimile or any properly reproduced signature will be acceptable to meet this requirement. Include Form G-2, Meteorological Standards Expert Certification, in a submission appendix. Form G-3: Statistical Standards Expert Certification Purpose: This form identifies the signatory or signatories who have reviewed the current submission for compliance with the Statistical Standards (S1-S6) in accordance with the stated provisions. I hereby certify that I have reviewed the current submission of (Name of Model) Version for compliance with the 2015 Standards adopted by the Florida Commission on Hurricane Loss Projection Methodology and hereby certify that:
Name Professional Credentials (Area of Expertise) Signature (original submission) Date Signature (response to deficiencies, if any) Date Signature (revisions to submission, if any) Date Signature (final submission) Date An updated signature and form is required following any modification of the model and any revision of the original submission. If a signatory differs from the original signatory, provide the printed name and professional credentials for any new signatories. Additional signature lines shall be added as necessary with the following format: Signature (revisions to submission) Date Note: A facsimile or any properly reproduced signature will be acceptable to meet this requirement. Include Form G-3, Statistical Standards Expert Certification, in a submission appendix. Form G-4: Vulnerability Standards Expert Certification Purpose: This form identifies the signatory or signatories who have reviewed the current submission for compliance with the Vulnerability Standards (V1-V3) in accordance with the stated provisions. I hereby certify that I have reviewed the current submission of (Name of Model) Version for compliance with the 2015 Standards adopted by the Florida Commission on Hurricane Loss Projection Methodology and hereby certify that:
Name Professional Credentials (Area of Expertise) Signature (original submission) Date Signature (response to deficiencies, if any) Date Signature (revisions to submission, if any) Date Signature (final submission) Date An updated signature and form is required following any modification of the model and any revision of the original submission. If a signatory differs from the original signatory, provide the printed name and professional credentials for any new signatories. Additional signature lines shall be added as necessary with the following format: Signature (revisions to submission) Date Note: A facsimile or any properly reproduced signature will be acceptable to meet this requirement. Include Form G-4, Vulnerability Standards Expert Certification, in a submission appendix. Form G-5: Actuarial Standards Expert Certification Purpose: This form identifies the signatory or signatories who have reviewed the current submission for compliance with the Actuarial Standards (A1-A6) in accordance with the stated provisions. I hereby certify that I have reviewed the current submission of (Name of Model) Version for compliance with the 2015 Standards adopted by the Florida Commission on Hurricane Loss Projection Methodology and hereby certify that:
Name Professional Credentials (Area of Expertise) Signature (original submission) Date Signature (response to deficiencies, if any) Date Signature (revisions to submission, if any) Date Signature (final submission) Date An updated signature and form is required following any modification of the model and any revision of the original submission. If a signatory differs from the original signatory, provide the printed name and professional credentials for any new signatories. Additional signature lines shall be added as necessary with the following format: Signature (revisions to submission) Date Note: A facsimile or any properly reproduced signature will be acceptable to meet this requirement. Include Form G-5, Actuarial Standards Expert Certification, in a submission appendix. Directory: files files -> Answer True False 2 points Question 2 files -> Integer programming and game theory files -> 4 Integer Programming files -> Bpa vehicle Window Repair Scenario #1 task: Procure vehicle window relacement. Objective files -> Pop Warner History files -> North Carolina Inclusion Initiative Mapping Where Children with ieps are Being Served Purpose files -> Fall 2013 Spring 2014 Program Data: Standard 1 Exhibit 4d files -> Hanban – asia society confucius classrooms network 2010 request for proposal files -> Northern England’s set-jetting locations Download 1.69 Mb. Share with your friends:
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