Australia Balks at Government-Backed Reinsurance Fund
The private market should address ever increasing natural catastrophe losses and not a public pool, a long-awaited government report says, while acknowledging numerous modeling challenges.
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US Insurers Have a Growing "The Model Made Me Do It" Problem
Third-party catastrophe models are making most homeowners insurance underwriting and pricing decisions and regulators are starting to question who's accountable for that.
