When researchers and graduate students at Lehigh University began planning a Workshop on Climate, Equity, and Resilience in Catastrophe Modeling, they had no idea the gathering would become a ...

SAN DIEGO — California's Insurance Commissioner Ricardo Lara has announced a new "Sustainable Insurance Strategy" that will allow insurance companies to use catastrophe modeling to determine wildfire ...

Jersey 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 ...

Discover how catastrophe reinsurance shields insurers from financial risk during disasters. Understand its mechanisms, pros, ...

“Current catastrophic risk modeling relies on aggregation and characterization of historical events adjusted to reflect current conditions, but this leads to models that are inflexible and inaccurate.

2019 JUL 10 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News-- Jonathan Lee has joined Alliant, bringing with him a proven background in data, analytics, and portfolio ...

In 2005, Hurricane Katrina caused catastrophic flooding in Louisiana, killing more than 1,800 people and leading to $108 billion in property damage, including the destruction of fiber optic cables and ...

Discover the challenges in the catastrophe risk modelling market featuring Matthew Jones, Head of ModEx Product at Nasdaq, and James Lay, Commercial Director of ModEx at Nasdaq. Nasdaq Tech spotlights ...

LOS ANGELES--(BUSINESS WIRE)--People are the most important component of resilience. Researchers at Lehigh University’s Center for Catastrophe Modeling and Resilience urge all those in the path of ...

Catastrophe (cat) modelling has grown to become one of the largest budget items within the insurance and reinsurance industry. Not only are cat models traditionally costly to license, but there are ...

Boston’s snowy streets and sidewalks suggest it’s the last place you’d find a discussion about wildfires and insurance. And yet, a little-known company here says it’s trying to solve California's ...