California “Extreme Heat” Reinsurance Pool, Cat Model Pivot Pushed Paid Members Public
Progressive consumer groups are already pushing back on catastrophe model recommendations.
CEA Pushes For Multi Year Cat Deals, Alters Ratings Hurdle Paid Members Public
The California Earthquake Authority (CEA) will focus in expanding its “transformer” reinsurance and catastrophe bond program by focusing on multi-year agreements, according to documents from last week’s board meeting. Separately, the CEA revised its ratings tables for acceptable providers. Focusing on reinsurance and catastrophe coverage over several renewal seasons