Models

USAA raises California rates by 48.5% via backward model use

Insurer using AIR model for assessment as CDI works on new model rules

Aon unveils updated Florida flood model

Social inflation and PFAS risk named as key threats for US casualty market

AM Best experts warn of mounting pressures in the sector

California public wildfire model development no easy task

CDI's model could take five years to develop

California insurance department launches first parametric flood solution

State looks for new ways to tackle climate change impacts

Hurricane Milton insured losses estimated between $30bn to $50bn by Verisk

Most of losses attributed to wind damage

Mortality rates for young adults remain high, CMI reports

Hurricane Milton could exhaust US P&C insurers' natcat budgets

S&P Global Ratings says Milton is poised to be a significant event for the global reinsurance industry

FRC updates actuarial guidance on AI and machine learning usage

Insuring property has changed forever as a result of global warming

Regulators and associations discussed California's insurance crisis at an event in Long Beach

LCP raises questions on Dutch mortality projection model

Methodology has significant impact on pension liabilities and risk transfer pricing

Hurricane Helene expected to deal blow to Florida's private insurance industry

Economic impact of hurricane will rival that of 2022's Ian

State Farm could cut a million Californian policies by 2028

Insurer faces solvency challenges unless allowed to raise rates

Howden launches climate resilience platform in partnership with Microsoft

Resilience laboratory will allow users to evaluate and manage climate risks

RVS 2024: Conduit Re CEO urges better SRCC analytics, as Verisk prepares first cat model

Trevor Carvey says the reinsurer has been cautious about deploying capacity in this area