Hurricane Models Missing Key Ingredient: Research
The missing piece of the puzzle may explain why modeled forecasts and losses often miss the mark in some Gulf storms.
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Models
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Modeling Challenges Exposed as Los Angeles Fires Drive Record Catastrophe Losses
Models “have not been fully captured” this risk of wildfires, Swiss Re says.
New Colorado Wildfire Model Law Takes Effect July 1
Legislation was signed into law last week allowing model use in setting prices, but a wildfire reinsurance backstop was a step too far for lawmakers.