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 ...
Albuquerque, Oct. 09, 2023 (GLOBE NEWSWIRE) -- Applied Research Associates, Inc. (ARA) announced today that Security First Insurance will license terrain data from HurLoss®, ARA’s state-of-the-art ...
A US-based data solutions provider has begun rolling out a unique artificial intelligence model built specifically for the insurance industry’s needs — a welcome solution for carriers struggling to ...
Insurance premium modeling plays a crucial role in setting fair, accurate and competitive premiums in the industry. Actuarial teams, who specialize in risk management, use these models to predict the ...
The most impactful data today is clean, structured, operational data collected across the entire policy lifecycle.
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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 ...
In the housing market, consumers need more tools to assess risks from climate change. As insurers improve their risk management tools, what tools do consumers get?
Over the weekend, the NAIC’s Third-Party Data and Models (H) Task Force released for a 30-day comment period (the comment period expires Monday May 6, 2024) a proposed work plan to develop a framework ...
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