After Lawmakers Shift the Risk Goalposts, TWIA Punts On Rates
Upending its catastrophe model math and suppressing premiums will significantly increase TWIA’s risk, but board members are told that a possible state bailout is the “ultimate backstop.”
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Models
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Space Weather Models May Be Measuring the Wrong Risk
A new model of solar-storm risk exposes a fundamental problem: the metric used to measure the hazard may not capture the forces that actually cause trillions of dollars in physical losses.
