Florida Commission on Hurricane Loss Projection Methodology
Florida Commission on Hurricane Loss Projection Methodology Professional Team Report 2015 Standards Hurricane Matthew Applied Research Associates, Inc. On-Site Review February 6-8, 2017 ARA Professional Team Report February 6-8, 2017 On February 6-8, 2017, the Professional Team visited Applied Research Associates, Inc. (ARA) in Raleigh, North Carolina. The following individuals participated in the review. ARA Francis M. Lavelle, Ph.D., P.E., Vice President Laura Maxwell, FCAS, MAAA, Actuarial Consultant (via phone) David Mizzen, M.S.C.E., Staff Scientist Lauren Mudd, Ph.D., P.E., Staff Engineer Peter J. Vickery, Ph.D., P.E., Principal Engineer Professional Team Jenni Evans, Ph.D., Meteorologist Paul Fishwick, Ph.D., Computer Scientist Mark Johnson, Ph.D., Statistician, Team Leader Michael Smith, FCAS, FSA, MAAA, OMCAA, Actuary Masoud Zadeh, Ph.D., P.E., Structural Engineer Donna Sirmons, Staff The review began with introductions and an overview of the audit process by the Professional Team. ARA provided a detailed presentation of the following changes made in HurLoss Version 8.0.a: • Correction of errors related to the GIS processing of water areas adjacent to coastal counties and in the vintage of the ZIP Code polygons used to compute average ZIP Code surface roughness corrected in HurLoss version 7.0.b. • Hurricane storm set updated to include storm data and climatological data from the 2014 and 2015 hurricane seasons. • ZIP Codes updated to use June 2016 data and change in centroid methodology. • Methodology for estimating average ZIP Code surface roughness modified to account for the effects of bodies of water in a manner more closely aligned to the methodology for estimating surface roughness at individually geocoded locations.
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