The institute also introduces code revisions. An example of this effort is a modification aimed at strengthening the plumbing code insulation requirements in the southern states. To encourage the development of new building materials, methods, and technologies including retrofit applications the institute draws upon its relationships with academic institutions, the wind and seismic engineering communities, and others. Additionally, the institute accesses recognized professional engineering services and testing laboratories. Finally, the institute works with government and other private facilities to foster such advancements.
Funds are committed to research projects that realistically can produce loss-reduction results.
It should be noted, however, that only necessary research is undertaken. The future successes of the institute will be keyed to its ability to develop credibility with external sources and to identify areas requiring research. The approach is to develop a data base of aggregate paid losses. The data will be the basis for publishing public service releases, and for analysis designed to identify specific areas requiring attention, investigation, and study. The institute s public education programs are aimed at groups both within and outside the insurance industry.