Fires Throw Cold Water On Berkshire's "Float"
Plus, models get the green light in California
Latest
Federal Climate Report Challenges Insurance Industry's Extreme Weather Risk Models
A controversial Department of Energy report questioning the scientific basis for predicting worsening extreme weather events has put the federal government at odds with insurance industry assumptions.
Bermuda Regulator Eyes AI Governance Rules for Global Reinsurance Hub
The insurance sector faces new AI oversight as the Bermuda regulator eyes modeling risks.
AI Forces Insurers to Rewrite Risk Models, Senate Panel Told
A Senate Banking Subcommittee hearing underscored how artificial intelligence is simultaneously rewriting insurers’ actuarial playbooks and creating new, hard-to-price exposures that must be quantified to unlock reinsurance capital.
Why the Next Pacific Northwest Earthquake Won’t Just Shake the Ground
The next (and inevitable) Cascadia megaquake could instantly drop entire coastlines by meters, pushing ports, homes, and hospitals into the floodplain for generations.
