Yesterday, I mentioned that the Florida legislature was doing some saber-rattling in the general direction of the cat modelers. It seems, according to this story that the modelers will happily comply.
Four catastrophe modeling firms and the Florida Office of Insurance Regulation have agreed to release their hurricane loss models for review by the Florida House of Representatives.
The move came after Florida House Speaker Marco Rubio, R-West Miami, requested that the firms and regulators turn over the materials, which may include proprietary information, by Thursday. The request was made in letters dated Jan. 9 sent to Boston-based AIR Worldwide; Raleigh, N.C.-based Applied Research Associates Inc.; Oakland, Calif.-based EQECAT Inc.; and Newark, Calif.-based Risk Management Solutions Inc.[...]
In his letter, Rep. Rubio said information that met Florida’s definition of a trade secret “will be protected from public records requests.”