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 gathering would become a ...

Bermuda insurers still rely heavily on catastrophe models to manage risk, but uncertainty around climate impacts and claims ...

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 ...

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 ...

In 2005, Hurricane Katrina caused catastrophic flooding in Louisiana, killing more than 1,800 people and leading to $108 billion in property damage, including the destruction of fiber optic cables and ...

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 ...

Boston’s snowy streets and sidewalks suggest it’s the last place you’d find a discussion about wildfires and insurance. And yet, a little-known company here says it’s trying to solve California's ...

Discover the challenges in the catastrophe risk modelling market featuring Matthew Jones, Head of ModEx Product at Nasdaq, and James Lay, Commercial Director of ModEx at Nasdaq. Nasdaq Tech spotlights ...

In an effort to staunch the exodus of home insurers fleeing the state, California Insurance Commissioner Ricardo Lara on Thursday unveiled a proposal for letting those insurers use computer models of ...

NEWARK, Calif.--(BUSINESS WIRE)--RMS, the world’s leading catastrophe risk modeling and solutions company, revealed that according to its new Climate Change Models, and based on today’s exposures, ...

In an effort to staunch the exodus of home insurers fleeing the state, California Insurance Commissioner Ricardo Lara on Thursday unveiled a proposal for letting those insurers use computer models of ...