Program to provide review of building characteristics, factors that affect a building’s wind resistance.
ISO, a member of the Verisk Insurance Solutions group at Verisk Analytics, has launched an Enhanced Wind Rating Program, a commercial property rating program designed to address wind peril.
ISO says the program provides a detailed review of building characteristics and geographic and environmental factors that may improve (or worsen) a building’s wind resistance or damageability. The company has filed the program with state regulatory authorities, and it becomes effective in 26 states during Q1 2013. A total of 36 states are eligible for the program.
Field representatives began collecting enhanced wind rating data in April 2011, ISO said. The data collected provides information on about 40 characteristics related to the wind exposure for each eligible building, encompassing such areas as location and surrounding environment, roof and wall envelope integrity, framework, and building codes.
Source: insurancenetworking.com
