calfornia

California “Extreme Heat” Reinsurance Pool, Cat Model Pivot Pushed Members Public

Progressive consumer groups are already pushing back on catastrophe model recommendations.

Chris Westfall
insurance

CEA Pushes For Multi Year Cat Deals, Alters Ratings Hurdle 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

Chris Westfall
calfornia