TITLE
"Territorial Determination for Windstorm and Hail Rates in
Wyoming Homeowners Insurance," Journal
of Insurance Issues and Practices, Escolas,
Edmond L. and Ronald W. Spahr, 1983, Vol. VI, No. 1: 22-50.
ABSTRACT
The purpose of this study is to demonstrate a process by which
geographical or statistical territories may be established for
setting windstorm and hail rates in homeowner policies.
This study will examine by county and proposed territory the
loss characteristics for over 80 percent of the insurers writing
homeowners' policies to determine whether different or possibly
multiple territories are warranted. Also, historical climatic
conditions by county and territory will be analyzed to determine
if there is underlying noninsurer data which may account for extreme
differences in insurers' reported loss ratios.
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