Simpson's literature specifically addresses wet service factor for several other timber screws. I would think that at the very least a Cm of 0.7 would be applicable (per NDS) for screws in withdrawal. Simpson is usually very responsive to questions such as these and may share some practical advice and/or testing data.
As an aside, something about relying on screw withdrawal as primary (uplift) load path in members that may shrink and swell significantly many times over their service life does not sit well with me.. That being said, if Simpson has tested it I might be able to get more comfortable with it depending on the actual application.
Also, worth pulling the ICC report and seeing if wet service is mentioned in there.