FCHLPM Certifies Cotality Catastrophe Modeling Software for 2025 Atlantic Hurricane Season

IRVINE, Calif. June 12, 2025 —The Florida Commission on Hurricane Loss Projection Methodology (FCHLPM) has officially certified the Cotality™ North Atlantic Hurricane Model for the 2025 Atlantic hurricane season. This marks the model’s 20th consecutive certification since 1997, reaffirming Cotality’s longstanding commitment to providing scientifically robust, actuarially sound tools to support the Florida insurance market.

As hurricanes become more intense and less predictable, placing increasing strain on homeowners, insurers, and real estate markets along the U.S. Gulf and Atlantic coasts, it is more important than ever for insurers to have catastrophe modeling software that incorporates state-of-the-art hurricane loss projection methodology.

“Certification isn’t just a regulatory checkbox — it’s a signal to the market that our model reflects the latest science, engineering, and actuarial insight needed to face tomorrow’s hurricane risks,” said Howard Botts, Chief Scientist at Cotality. “The stakes have never been higher, and we are committed to providing tools insurers can trust.”

Established in 1995 in the aftermath of Hurricane Andrew — a Category 5 storm that caused over $33 billion in insurance payouts ($17 billion in 1992) and led to eleven insurance company bankruptcies — FCHLPM serves as an independent expert commission that reviews and approves catastrophe models. The commission’s rigorous certification process includes the use of experts from various scientific fields to perform a rigorous review of the scientific, actuarial, civil engineering, and statistical integrity of hurricane models.

In its recently released 2025 Hurricane Risk Report, Cotality identified more than 33.1 million homes with a combined reconstruction cost value of $11.7 trillion at moderate or greater risk of sustaining damage from hurricane-force winds. Approximately 6.4 million homes — with a combined reconstruction cost value of $2.2 trillion — have direct or indirect coastal exposure, making them susceptible to storm surge flooding.

Florida continues to face some of the nation’s most severe hurricane losses. In 2024, just one month after Hurricane Helene devastated the Southeastern United States, Florida was again impacted by Hurricane Milton, which caused between $21 billion to $34 billion of insured and uninsured losses to residential and commercial property. The stakes remain high for 2025.

With the 2025 Atlantic hurricane season underway, Cotality’s FCHLPM-certified hurricane model equips insurers and reinsurers with the trusted insights needed for both risk assessment and ensuring that policyholders’ properties are safe, secure, and insured to value. To learn more about Cotailty’s property insurance solutions, visit the Cotality website.

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About Cotality

Cotality accelerates data, insights, and workflows across the property ecosystem to enable industry professionals to surpass their ambitions and impact society. With billions of data signals across the life cycle of a property, we unearth hidden risks and transformative opportunities for agents, lenders, insurers, governments, and innovators. Get to know us at cotality.com.

Media Contacts

Carly Owens

Cotality

newsmedia@corelogic.com

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