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Verisk Wildfire Model is the First Catastrophe Model Under Review for Insurance Ratemaking in the State of California
VRSKVerisk(VRSK) GlobeNewswire·2025-01-02 18:16

Newly-Announced Regulation from the California Department of Insurance Will Address Property Insurance Availability by Allowing Forward-Looking Catastrophe ModelsJersey City, Jan. 02, 2025 (GLOBE NEWSWIRE) -- In a groundbreaking step toward a more resilient and sustainable property insurance market in California, Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, announced today that it is the first modeler to request a review of its wildfire catastrophe model by the California ...