“…After several major hurricane and earthquake events worldwide, including Hurricane Hugo in 1989 and Hurricane Andrew in 1992, these firms made their models more sophisticated and their exposure databases more comprehensive (Cummins, 2007). Other companies subsequently developed in-house models, and US federal and state government supported development of two free open-source models: HAZUS-MH (Vickery et al, 2000a(Vickery et al, , 2000b(Vickery et al, , 2006a(Vickery et al, , 2006bFEMA, 2007) and the Florida Public Hurricane Loss Model (FPHLM) (Powell et al, 2005;Pinelli et al, 2008). The details and assumptions of the free models are available in the peerreview literature and technical documents, because they are intended for risk mitigation, regulation and emergency preparation, but the majority of cat models are proprietary and intended for pricing insurance or reinsurance policies, so their details are not public.…”