Insurers look to base rates on building codes.: An article from: National Underwriter Property & Casualty-Risk & Benefits Management

This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on May 17, 1993. The length of the article is 519 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: The property and casualty insurance industry plan to include the rating and enforcement of building codes as a new factor in determining insurance rates. Some insurers contend that faulty enforcement of building codes was responsible for much of the $15.5 billion damages from Hurricane Andrew in summer 1992. Building code ratings will not be included in rate setting for at least four years when computer programs to grade buildings and new classifications will have been developed.

Citation Details
Title: Insurers look to base rates on building codes.
Author: Sam Friedman
Publication:National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: May 17, 1993
Publisher: The National Underwriter Company
Issue: n20 Page: p7(1)

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