MS State 11
$61.10
Mississippi Insurance Department Comprehensive Hurricane Damage Mitigation Program – Cost and Benefit Study Final Version February 2010
Published By | Publication Date | Number of Pages |
MS | N/A | 127 |
None
PDF Catalog
PDF Pages | PDF Title |
---|---|
8 | List of Figures |
9 | List of Tables |
10 | Executive Summary Feature Identification |
12 | Building Stock Distribution Insurance Benefits Analysis |
13 | Feature Costs |
14 | Launching a Public Program Encouraging Mitigation |
15 | Reliances, Limitations, and Questions |
17 | Introduction Background The Enabling Law The Request for Proposals and AIR’s Response and Role |
19 | Report Organization |
20 | Reliances and Limitations Data Sets Simulation Tools and Scientific Assumptions |
21 | Results Scalability Distribution, Use, and Reliance on Study Identification of Features |
22 | AIR’s Hurricane Model and Architecture Rationale for Modeling Catastrophic Events Basic Model Architecture |
23 | Hazard: Hurricane Simulation |
26 | Hazard: Local Intensity |
28 | Vulnerability: Damage Functions |
29 | Financial: Aggregating Losses Interpreting Model Output |
31 | Scientific Basis of Hurricane Wind Model |
33 | Damage Calculations for Hurricane Wind |
34 | Component-Based Approach |
37 | Damage Functions at the Coverage Level Modeling Damage due to Wind Duration |
38 | AIR’s Individual Risk Model |
41 | How the IRM Operates on Building Features |
43 | Individual Risk Model Validation |
44 | How Exposure Data is Introduced to the Model |
45 | Choosing Relevant Features for Mitigation Analysis |
46 | Feature Definitions and Descriptions – Residential Roof Geometry |
47 | Roof Covering and Attachments |
48 | Roof Deck and Attachments Roof Anchorage |
49 | Window Protection |
50 | Secondary Water Protection Garage Doors Pool Enclosures |
51 | Feature Definitions and Descriptions – Commercial Low-, Mid-, and High-Rise Structures Mid- and High-rise Feature Definitions and Descriptions Roof Deck |
52 | Secondary Water Protection Opening Protection Glass Percent Wall Siding Glass Type |
53 | Role of Building Codes and IRC 2003 Adoption in Developing Modeled Benefits |
54 | Importance of Strong Enforcement of Effective Building Codes |
55 | Impact of Year Built on Building Vulnerability |
56 | Other Common or Mississippi-Specific Mitigation Construction Measures Institute for Business and Home Safety (IBHS) “Fortified…for safer living®” Program |
57 | Mississippi Windstorm Underwriting Association Mitigation Packages |
58 | Assembly of Exposure and Claims Data AIR Industry-wide Exposure Database Augmentation of Exposure Data with Original Local Databases |
59 | Building Inventory Survey |
61 | Survey Design |
62 | Results and Discussion |
65 | Mississippi Windstorm Underwriting Association |
67 | Xactware Cost Databases Modeling of Insurance Benefits Modeled Structures Notional Portfolio Concept |
68 | Attributes of Hypothetical Risks Geographic Location |
69 | AIR Construction Types |
70 | Model Version and Adjustments Actuarial Approach Insurance Assumptions |
71 | Analysis Assumptions Choice of Reference Structures |
72 | Loss Costs and Relative Loss Costs Development of Loss Relativities Non-Linearity of Relativities |
73 | Results of Insurance Benefits Analysis Residential “Existing” Construction |
77 | How to Apply Benefits Analysis as Mitigation Credits/Debits: Worked Example |
81 | Residential “New” Construction |
84 | Commercial low-rise construction |
85 | Commercial mid- and high-rise construction |
88 | Consideration of Feature Costs Cost Data Sources |
89 | Residential Feature Cost Calculations |
92 | Limitations on Feature Cost Analysis Synthesizing Costs and Benefits to Determine Best Mitigation Actions Conversion of Relativities to Estimated Dollar Loss Benefits Over Time |
93 | Cost-Benefit Analysis of Actionable Mitigation “Packages” of Retrofits |
98 | Scoping the Program: Implementation of Study Results Actuarial and Insurance Product Considerations Alignment with Existing Book of Business |
101 | Transition Plans and Swing Limits |
102 | Uncertainty and Using Ranges of Rating Factors |
103 | Phasing in Mitigation Rating Factors Over Time Administering a Public Loss Mitigation Program Administrative Structure and Governance |
104 | Advisory Council Encouraging Public Access to the Program |
105 | Partnering with Existing Public Agencies Partnering with Private and Nonprofit Agencies |
106 | Management Performance Indicators Consumer and Public Outreach |
108 | Brochures |
109 | Messaging |
110 | Pilot Programs |
111 | A Suggested Pilot Program: 10 Neighborhoods in 10 Weeks Campaign Additional Benefits of the Pilot Program Questions and Answers from the Public |
112 | Funding Opportunities |
113 | Existing Federal Funding Pre-Disaster Mitigation (PDM) State Housing Initiatives Partnership (SHIP) Optimizing Grants |
114 | Fraud Detection |
115 | Inspections |
116 | Inspectors as Ambassadors |
117 | Fraud Detection |
118 | Inspection Information for Homeowners |
120 | Appendices Appendix 1: Enabling Statute |
123 | Appendix 2: Example Design Calculations for roof-to-wall connection and roof deck nailing pattern |
127 | About AIR Worldwide Corporation |