The California Department of Insurance (CDI) has approved the Verisk Wildfire Model for insurers to assess wildfire risk, marking a significant advancement in California's insurance sector. This model ...

Wildfires are reshaping the landscape of property ownership and development across the U.S. Multifamily real estate owners, developers and managers are increasingly grappling with the challenges of ...

NEW YORK--(BUSINESS WIRE)--Moody’s Corporation (NYSE:MCO) announced today that the Moody’s RMS U.S. Wildfire Model v2.0 has successfully completed the review process established by the California ...

Calling rising wildfire insurance rates an “urgent challenge,” a Headwaters Economics and Columbia Climate School report released this month points to potential approaches to address the financial ...

California’s recent traumatic spate of wildfires has spotlighted the often clunky process of traditional commercial insurance. Typically, businesses are required to document their losses, file a claim ...

Legislation approved Saturday aims to help property owners assess their rate hikes amid a statewide insurance crisis and rising costs. California lawmakers passed a bill meant to address consumer ...

Hiscox has partnered Bellwether, a team at X, Alphabet’s Moonshot Factory, to introduce a new approach to wildfire modelling for the Californian insurance market. The collaboration involves Hiscox ...

Jeanine Skowronski is an editor, writer, and journalist with more than 15 years of experience in personal finance and business, including roles at Bankrate, CreditCards.com, and Policygenius. Her work ...

Legislation for a fully transparent public wildfire catastrophe model was signed into law by Gov. Gavin Newsom late Friday. The new law, SB 429, aims to empower California consumers by challenging the ...

Calling rising wildfire insurance rates an “urgent challenge,” a Headwaters Economics and Columbia Climate School report ...