Cat Bond Markets Price Wildfire Risk at 6x Models And The Gap Is Growing
Investors are pricing wildfire risk at six times what catastrophe models say it should be, and new research shows that premium spikes after major fires and doesn't come back down.
Read next
Wildfire Risk Rules Could Threaten California’s AI Build-Out and PG&E Shares, Executives Warn
As California’s wildfire liability debate moves into its final phase, PG&E is telling investors that a bad deal could hurt grid expansion, affordability, and AI data-center growth.
Insurers Say Their Tech Exposure Is "Immaterial". Wall Street Isn't So Sure.
Wall Street insurers across earnings calls about software and private credit exposure, suggesting the buy side sees concentration risk the industry hasn't priced.
Xcel Defends Wildfire Plans as Policymakers Push Back
After settling a $650 million claim tied to the Marshall Fire, the utility says that its power shutoff strategy is painful but necessary.
