Skip to main content

Product Management Bulletin-PM-25-026 Hurricane Insurance Protection - Wind Index Updated National Oceanic and Atmospheric Administration International Best Track Archive for Climate Stewardship for the 2024 Season

Date
To
All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties
From
Richard H. Flournoy, Deputy Administrator /s/ John W. Underwood for
Subject
Hurricane Insurance Protection - Wind Index (HIP-WI) Updated National Oceanic and Atmospheric Administration (NOAA) International Best Track Archive for Climate Stewardship (IBTrACS) for the 2024 Season

On April 21, 2025, the International Best Track Archive for Climate Stewardship (IBTrACS) updated the dataset for the 2024 hurricane season in the north Atlantic basin. In accordance with Section 8(d) of the HIP-WI Endorsement and the Hurricane Data Provisions, the Risk Management Agency (RMA) reviewed the NOAA IBTrACS dataset for all cyclones in the 2024 season and performed a re-analysis. By close of business today, the approved counties will have an updated payment flag and triggering event date available in the Actuarial Information Browser (AIB) and Actuarial Data Master (ADM) in the following formats:

The following counties triggered for payment under the Tropical Storm Option.

CycloneStateCounty
Debby, 2024GeorgiaRichmond*
Francine, 2024MississippiJackson*
*Adjacent County

The following counties triggered for payment under the HIP-WI Endorsement.

CycloneStateCounty / Parish
Beryl, 2024TexasBee*Nueces*San Patricio*
Francine, 2024LouisianaLivingston*St Tammany*Tangipahoa*
Milton, 2024FloridaMartin*Palm Beach* 
*Adjacent County / Parish

Helene was previously updated, and the re-analysis documented in PM-25-021.

Attachment A provides a map of the Reinsurance Year (RY) 2024 county triggers for Beryl. Attachment B provides a map of the RY 2024 county triggers for Debby. Attachment C provides a map of the RY 2024 county triggers for Francine. Attachment D provides a map of the RY 2024 county triggers for Milton. Additional information on the policy, including frequently asked questions, videos, and a fact sheet, is available at Hurricane Insurance Protection - Wind Index (HIP-WI)

DISPOSAL DATE:
December 31, 2025

Attachment A | Attachment B | Attachment C | Attachment D | Text