Models Caught In the Middle As Credit Unions Consider Catastrophe Risk
With a federal agency exploring the risk of natural disasters to US credit unions, the usual climate science “debate” is happening and the role of risk modeling is center stage.
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California Lawmakers Pass Public Wildfire Catastrophe Model Legislation
SB 429 heads to Governor's desk and would create the nation's first public wildfire risk assessment tool.
Terrorism Risk Models Still Fall Short as Reinsurers “Struggle” With Loss Estimates
Nearly a quarter century following the 9/11 attacks, a new report says critical gaps in current risk modeling capabilities continue to constrain private sector participation in terrorism risk coverage.