New Mexico Moves to Inject Wildfire Model Governance in Homeowners Market
New Mexico lawmakers are moving to place wildfire catastrophe models under formal rate-filing oversight, requiring insurers to disclose their methodologies.
Read next
Lawmakers Demand FEMA Release Flood Risk Models Data
Senate Republicans are demanding that the Federal Emergency Management Agency disclose the data and assumptions behind its Risk Rating 2.0, arguing the opaque methodology is driving premium spikes.