Insurers Push Back on “Free Reinsurance” as California Shifts Away from Capital Markets
California's earthquake and wildfire backstop is getting private market pushback.
California's earthquake and wildfire backstop is getting private market pushback.
It’s been five years since the last update and scientists say the implications for quake risk and insurance across the US are significant.
The specialty insurer sees an opening as others flee California quake risk.
In its first update in a decade, New Zealand’s quake model may have significant consequences for the insurance market.