The agency tasked with representing private insurers in North Carolina is calling for double-digit homeowners rate increase, citing a new approach to catastrophe modelling and increases in reinsurance prices.
Modeling Changes, Reinsurance Prices Pushes North Carolina to Push for Record Rate Increase
Read next
The Risk Market's Next Decade Won't Be Won by the Best Model. It Will Be Won by the Best Data.
How US climate research pain is turning into China's risk modeling gain.
Are Your Models Just Telling You What You Want to Hear?
Investors push for answers on the AI insurance impact.
Wall Street Understands Tail Risk... Just Not a Cat 5 Miami Hurricane
To gain full access to Risk Market News, become a premium subscriber. Subscribe THIS WEEK'S RMN MODELS · Senate