SAN DIEGO — California's Insurance Commissioner Ricardo Lara has announced a new "Sustainable Insurance Strategy" that will allow insurance companies to use catastrophe modeling to determine wildfire ...

Acquisition accelerates development of a high-fidelity U.S. earthquake model and strengthens multi-peril catastrophe modeling portfolio for insurers, reinsurers, and financial institutions. LA JOLLA, ...

California's Insurance Department is wading into the fight over the science behind catastrophe models. The department is reviewing private models and may create a first-in-the-nation public ...

Catastrophe (cat) modelling has grown to become one of the largest budget items within the insurance and reinsurance industry. Not only are cat models traditionally costly to license, but there are ...

Jersey City, Jan. 02, 2025 (GLOBE NEWSWIRE) -- In a groundbreaking step toward a more resilient and sustainable property insurance market in California, Verisk (Nasdaq: VRSK), a leading global data ...

BETHLEHEM, Pa.--(BUSINESS WIRE)--When researchers and graduate students at Lehigh University began planning a Workshop on Climate, Equity, and Resilience in Catastrophe Modeling, they had no idea the ...

BOSTON, Massachusetts, Aug. 1-- Verisk, a data analytics provider, issued the following news release: Catastrophe risk modeling firm AIR Worldwide today announced that it has released Touchstone Re(TM ...

Verisk, a leading data analytics provider, has announced the release of the first catastrophe model designed to assess the financial impacts of strikes, riots, and civil commotion (SRCC) in the U.S.

Renew Risk has launched a catastrophe modeling tool designed to help insurers and reinsurers price the financial risks of severe convective storms for utility-scale solar assets.