The NAIC’s Catastrophe Risk Management Center of Excellence ran representative average Louisiana single-family homes – at varying levels of mitigation including unmitigated, IBHS FORTIFIED Roof, Silver, and Gold – through those models. Model loss output was calculated by region (North, Central, South) and further adjusted to reflect insurers’ expenses. The expense assumptions, the bulletin says, were determined from a review of publicly available Louisiana homeowner rate filings.
