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About the FCHLPM

The Florida Commission on Hurricane Loss Projection Methodology is an independent body of experts created by the Florida Legislature in 1995 for the purpose of developing standards and reviewing hurricane loss models used in the development of residential property insurance rates and the calculation of probable maximum loss levels. In 2014 the Florida Legislature expanded the role of the Commission to develop standards and review flood loss models used in the development of personal lines residential flood loss and the calculation of flood probable maximum loss levels.

Mission Statement

The mission of the Florida Commission on Hurricane Loss Projection Methodology is to assess the effectiveness of various methodologies which have the potential for improving the accuracy of projecting insured Florida losses and probable maximum loss levels resulting from hurricanes and floods and to adopt findings regarding the accuracy or reliability of these methodologies for use in residential rate filings (hurricane loss projections), personal lines residential rate filings (flood loss projections), and probable maximum loss calculations.