(A) The Director of Insurance shall appoint an advisory committee to the director to study issues associated with the development of strategies for reducing loss of life and to address the mitigation of property losses due to hurricane, earthquake, flood, and fire. The advisory committee also shall consider the associated costs to individual property owners. The advisory committee is composed of:

1. (1) the director or his designee;
2. (2) the Chairman of the Building Codes Council or his designee;
3. (3) a representative from Clemson University involved with wind engineering;
4. (4) a representative from an academic institution involved with the study of earthquakes;
5. (5) a representative from an insurer writing property insurance in South Carolina;
6. (6) a representative from the Department of Commerce;
7. (7) a representative from the South Carolina's Municipal Association;
8. (8) a representative from the South Carolina Association of Counties;
9. (9) a representative from the Homebuilders Association;
10. (10) a representative from the Manufactured Housing Institute of South Carolina;
11. (11) a representative from the State Fire Marshal's office;
12. (12) a representative from the South Carolina Emergency Management Division;
13. (13) a representative from the State Flood Mitigation Program;
14. (14) two at-large members appointed by the director;
15. (15) two at-large members appointed by the Governor;
16. (16) a general contractor;
17. (17) a representative from the South Carolina Association of Realtors; and
18. (18) a structural engineer.