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Insurance Industry to Build Safety Testing Facility

Posted on 22 Apr 2008

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The insurance industry-supported Institute for Business & Home Safety (IBHS) announced Monday its plans to build a new facility to allow full-scale testing of buildings and construction components.

IBHS, located in Tampa Bay, Florida, stated that its members will fund the new Insurance Center for Building Safety Research. In a statement announcing the project, IBHS said that the “state-of-the-art applied research facility will use science and technology to expand capabilities to create more durable homes and businesses. The facility will be dedicated to reducing the human, financial and societal costs of natural disasters and other threats to property from coast to coast.”

A site for the facility has not been determined as of yet.

IBHS said a two-track research program will allow the nonprofit group to address catastrophic issues such as high winds and wind-driven water intrusion as well as “more isolated, but expensive, maintenance-related issues like plumbing system failure and interior fires.” The findings will be used in consumer education and advocacy campaigns, as well as to provide data to develop public policy concerning building codes and land use.