EXTRA-78859 - USA (Hawaii) - Actuarial Consultants Services - Deadline December 1,2026

Vendor needs to provide actuarial consultants services to the government authority located in Hawaii.– To assist with streamlining the department’s market basket for consistency with the hurricane and earthquake model input requirements.– To provide a formal report on the accuracy and reliability of the hurricane and earthquake models proposed to be used in state.– To assess whether the hurricane and earthquake models appropriately contemplate the related risk exposure of each rated area.– To assess whether differences in building code and construction types affect the hurricane and earthquake exposure profile of a rated area.– To provide a recommendation of acceptable hurricane and earthquake models– To provide an assessment of consumer impact for insurers transitioning from existing hurricane and earthquake rating and/or catastrophe loading to the hurricane and earthquake models deemed acceptable for use