BOSTON, Massachusetts, March 24, 2003 / -- CDS Business Mapping, the premier source for online hazard mapping, has added Florida Sinkhole Reports to the RiskMeter Online. The new service allows insurers to lookup Florida sinkhole information with ease on the company’s web based tool, the RiskMeter Online (www.RiskMeter.com). Insurers can accurately locate the number of sinkholes within a specified radius; find the distance to the closest sinkhole; and research details on the closest sinkholes in Florida with this new product.

"Due to drought cycles, central Florida is prone to sinkholes. Insurers were looking for a tool to help them identify areas with known sinkhole problems," explains Dan Munson, VP of Sales and Marketing. "With our new sinkhole reports, sinkhole information is available to the underwriter in real time. Companies can check for known sinkholes in the area, and thus, avoid losses in the future."

To help identify all sinkhole problems, the RiskMeter allows users to customize their accounts. One important custom feature is the ability of a company to add additional sinkholes based upon their own claims data. Users can incorporate a private custom database of their sinkhole information, or use a combination of private data and the standard RiskMeter Sinkhole database. In addition, the radius used to determine the proximity to sinkholes can be set differently for each individual account.

The RiskMeter Online is an Internet application that allows an underwriter to determine distance-to-shore, distance-to-fault, earthquake information, brushfire hazards, state wind pool eligibility, flood zone, and many additional reports for any property in the United States. Unlike conventional paper-based lookups, which are cumbersome, inaccurate and time consuming, the RiskMeter gives an underwriter accurate, efficient and defendable positions up to 90% faster than existing methodologies.

CDS Business Mapping, LLC., was founded in 1994 as a desktop mapping sales and consulting company. The company offers a full line of mapping software, data and applications for insurers. The company specializes in natural hazard risk assessment tools and natural hazards data. The company is dedicated to the creation and implementation of mapping solutions for the insurance industry.