California’s Wildfire Model Push Will Take Time: Lara
California’s insurance commissioner says reviews will take time, including how much of the model can be disclosed.
Read next
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.
