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.
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Space Weather Models May Be Measuring the Wrong Risk
A new model of solar-storm risk exposes a fundamental problem: the metric used to measure the hazard may not capture the forces that actually cause trillions of dollars in physical losses.