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Case Briefs

By ALM Staff | Law Journal Newsletters |
March 27, 2008

Massachusetts High Court Upholds Use of Catastrophe Models

The Massachusetts Supreme Judicial Court issued the first judicial decision to address the use of computer catastrophe models as evidence in January. The court found 'substantial evidence' to support using hurricane models to develop homeowners insurance rates for the Massachusetts Property Insurance Underwriting Association (or FAIR Plan). This evidentiary ruling was one of several grounds on which the court upheld a decision by the Massachusetts Commissioner of Insurance that approved a 12.7% increase in Mass FAIR Plan rates.

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