California Department of Insurance Completes Final Review of Wildfire Model July 24, 2025 The California Department of Insurance completed a review of the state’s first wildfire catastrophe model, marking a dramatic change in...
Verisk to Get First Cat Model Under Review for Insurance Ratemaking in California January 2, 2025 Verisk said on Thursday it will be the first modeler to request a review of its wildfire catastrophe model under...
California Commissioner Issues Regulation to Allow Reinsurance in Ratemaking December 30, 2024 California Insurance Commissioner Ricardo Lara on Monday announced what he is calling the final step in his efforts to help...
California Commissioner Announces Regulation to Enable the Use of Modeling in Rates December 13, 2024 California Insurance Commissioner Ricardo Lara on Friday announced what he’s calling “first of its kind” catastrophe modeling and ratemaking regulation...
Nevada Supreme Court Upholds Temporary Ban on Insurers Using Credit Scores February 17, 2023 The Nevada Supreme Court upheld the Nevada Division of Insurance’s temporary ban on using credit information to help set insurance...