Arizona Approves AAIS CannaBOP, Cannabis Businessowners Insurance Policy yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
New AAIS Fire Risk Model Approved by Florida Regulator December 23, 2020
Insurance advisory organization AAIS (American Association of Insurance Services) has received approval from the Florida Office of Insurance Regulation for its new predictive model. The AAIS Fire Loss and Mitigation Evaluation Score (FLAMES) was designed to improve on existing methods of quantifying expected severity of fire losses.
Current methods of measuring fire risk reflect fire protection capabilities within the geographic boundaries of individual fire departments, but do not look at variation in capabilities and claims severity across communities. Using fire department boundaries can also make it difficult for insurers to integrate risk scores into underwriting systems and processes.
Blockchain in Security Market 2020 Research, Key Players, Industry Overview, Supply and Consumption Analysis 2023 marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.