Verisk, a leading data analytics provider, has announced the release of the first catastrophe model designed to assess the financial impacts of strikes, riots, and civil commotion (SRCC) in the U.S.
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The percentage of insurers in Bermuda purchasing little or no external catastrophe reinsurance decreased to zero per cent of respondents in 2023, the Bermuda Monetary Authority reported. The island’s ...
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California to allow catastrophe modeling for insurance rates, raising concerns about premium hikes
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 risk and set ...
BETHLEHEM, Pa.--(BUSINESS WIRE)--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 ...
Florida homeowners pay some of the highest property insurance rates in the country, but have you ever wondered how the price you pay is calculated? In Florida, the state takes into consideration ...
Bermuda insurers still rely heavily on catastrophe models to manage risk, but uncertainty around climate impacts and claims inflation means that they cannot be fully trusted, according to the Bermuda ...
Lehigh University and Rice University have launched a bold new initiative—the Consortium for Enhancing Resilience and Catastrophe Modeling (CERCat)—bringing together researchers, industry leaders and ...
CyberCube, a cyber risk modeling and analytics business, has released the latest version of Portfolio Manager, its catastrophe model that empowers portfolio-level insights. CyberCube’s advanced ...
A Nigerian, Urinrin Otite, from Delta State, has made history by becoming the first-ever graduate of the Master of Science in Catastrophe Modeling and Resilience program at Lehigh University, ...
This initiative will expand access to third-party catastrophe risk models, supporting further closing the protection gap across global insurance markets BOSTON, May 26, 2026 (GLOBE NEWSWIRE) -- Verisk ...
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