An NU Online News Service posting last week improperly characterized the Consumer Federation of America's stance on catastrophe modeling, the group said.
Robert Hunter, CFA's insurance director, said the group accepts the use of models but objects to modelers' change from using a long-term average to a 5-year average.
Mr. Hunter said this breaks a promise by insurers that periods of high hurricane activity would not cause prices to jump nor would low activity cause drops.
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