Located in Elounda, Crete, Greece, Bungalows with wide sea vistas was designed by davide macullo architetto. Well known for its beautiful setting, Elounda Beach, in Crete, Greece provides an amazing location for architects Davide Macullo and Makis Lahanas's contemporary bungalows. Set back on the coast the houses face the water as though they were anchored [...]

13 Park Square Mews that located in NW1, London, United Kingdom, was designed by Belsize Architects. No. 13 is a small, contemporary mews house in London’s Regents Park, nested amidst Grade 1 and 2 Listed buildings designed by Belsize Architects. The house is surrounded on one side by the terraced houses of Brunswick Place and [...]

Located in Washington, D,C, United States, Newseum was designed by Ennead Architects. The Newseum, the largest museum dedicated to journalism. Designed by New York based Polshek Partnership Architects with Exhibit Designer Ralph Appelbaum Associates, the modern glass and steel building occupies a prominent site on Pennsylvania Avenue between the Capitol and the White House. The seven [...]

Designed by Guangzhou, China, Poly International Plaza is located in SOM. China Poly Corporation sought to create an innovative office and trade center development in Pazhou, Guangzhou, an industrial city along the Pearl River. Poly International Plaza is situated in a new commercial district. The Plaza consists of two towers, each coupled with a low-rise [...]

The Bryggen (”The Wharf”) designed by schmidt hammer lassen is located in Vejle, Denmark.  Two of Denmark's biggest architects, 3XN and Schmidt Hammer Lassen have colluded on a radical retail project in Vejle, Denmark. Bryggen ("The Wharf") is a 33,000 square metre building which opened this week following three years of construction. Perforations in the outer [...]

I can hear the calls to the insurance agents now. “What do you mean my homeowners insurance just went up a hundred dollars because of a hurricane risk? I live 200 miles from the #$%#$% coast!”

Well the agent can blame new technology. A new modeling software package from Risk Management Solutions, Inc. that goes way beyond the criteria that other models project.

The factors include the size of the hurricane and how much of it is still over the water, how fast it is moving, and whether a storm is strengthening or weakening just before landfall. Terrain also plays a role; a storm will be torn apart by mountains, but will be able to gather fuel from swampy areas like the Everglades in hurricane-prone Florida.

The model also accounts for the spike in the cost of construction materials after a storm and updates assumptions about the damage that even a moderate hurricane can do to commercial buildings in some regions to reflect the strictness of local building codes—and how well those codes are enforced. via the WSJ

Gone are the days where only those living in the coastal regions of hurricane country have to bear the brunt of the extra fees in their homeowners insurance. Now the risk will be spread out further and wider.

Of course, if you live on the coast don’t expect your premiums to go down any. That would be just crazy.

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Homeowners Insurance Rates May Rise With New Hurricane Modeling Software

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