Discussion on 'Predicting losses of residential structures in the state of Florida by the public hurricane loss evaluation model' by S. Hamid et al.

摘要

Hurricane loss simulation models are typically proprietary, not being available for scrutiny or use by the research community. The Florida Public Hurricane Loss Model (FPHLM) is a notable exception. For this reason, the developers of this model, many of whom appear as authors of the present paper, as well as the state of Florida which funded its development, should be commended. It was a multidisciplinary effort involving a number of disciplines, not the least of which being statistics, with an extraordinary effort in system integration being required. The primary contribution of the present paper does not involve any new developments in statistical methodology per se, rather an integration of model components from a number of areas (namely, meteorology, structural engineering, and actuarial) with an emphasis on statistical validation.