Verisk, a prominent data analytics and technology provider, has made a significant move toward enhancing California's property insurance market by becoming the first modeler to seek a review of its ...

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 ...

This is a wildfire, driven by strong winds, raging through a city in South Korea last month. Researchers at the European weather forecaster ECWMF have developed a new AI algorithm that is better at ...

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 ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Z-FIRE can continue to be filed for rate segmentation and underwriting ...

Hello and welcome to Eye on AI. In today’s edition…How a new prediction model could improve wildfire management and response; Trump tariffs are “worse than the worst case scenario” for tech investors; ...

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 Department of Insurance (CDI).

Beneath every wildfire model there is a set of assumptions, ideally based on a theory of how fire ignites and spreads. The model, however, is only as good as the theory that drives it and the data ...